Peter Liese, a senior member of the European Parliament, has expressed concerns about the European Union’s ambitious climate target to cut net emissions by 90% by 2040, arguing that it could overly burden domestic industries. Liese, from the influential European People’s Party (EPP), believes the target is “over-ambitious” and could lead to de-industrialization if implemented without flexibility.
The European Commission is currently drafting a proposal for the EU’s 2040 climate target, considering adjusting the 90% goal to address concerns about its impact on businesses. While independent climate advisers recommend a 90% to 95% emissions reduction, Liese suggests a lower target for domestic industries, paired with the option to purchase international carbon credits to make up the difference.
The debate continues as socialist and green lawmakers support the 90% target, while right-wing groups, including the European Conservatives and Reformists, oppose it. The EU is grappling with how to balance ambitious climate goals with the economic challenges facing its industries.
Source: Swifteradio.com
