Thursday, 30 March 2023

EU deal to nearly double renewable energy by 2030

EU Deal to Nearly Double Renewable Energy by 2030

EU Deal to Nearly Double Renewable Energy by 2030

The European Union has agreed to increase its renewable energy target to 32% by 2030, nearly double the current target of 17%. This move is expected to reduce greenhouse gas emissions and promote sustainable energy sources.

The agreement was reached after months of negotiations between the European Parliament, the European Commission, and the European Council. The new target is part of the EU's efforts to meet its commitments under the Paris climate agreement.

The EU's renewable energy target is legally binding and requires member states to increase their share of renewable energy in their overall energy consumption. The new target is expected to create new jobs in the renewable energy sector and reduce the EU's dependence on fossil fuels.

The EU has already made significant progress towards its renewable energy target, with renewable energy accounting for 17% of the EU's energy consumption in 2016. The new target will require member states to increase their use of renewable energy sources such as wind, solar, and hydropower.

The EU's move towards renewable energy is also expected to have a positive impact on the environment, as it will reduce greenhouse gas emissions and promote sustainable energy sources. The EU has set a target of reducing greenhouse gas emissions by at least 40% by 2030, compared to 1990 levels.

In conclusion, the EU's decision to nearly double its renewable energy target by 2030 is a significant step towards reducing greenhouse gas emissions and promoting sustainable energy sources. The move is expected to create new jobs in the renewable energy sector and reduce the EU's dependence on fossil fuels.

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