EU Set to Seek Ambitious Goal of 90% Emissions Cut by 2040 (1)

The European Union’s executive arm is set to recommend a 90% net reduction of greenhouse gases by 2040, a target backed by climate scientists and criticized by the industry in the face of high energy prices and growing international rivalry in clean technologies.

The European Commission plans to endorse the goal in line with advice from its board of scientists for climate that it’s the best pathway to meet the Green Deal’s overarching aim of zeroing-out pollution by the middle of the century, according to people with knowledge of the issue. The blueprint for the next decade is set ...