Europe Will Miss Its 2030 Climate Targets

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Dramatic acceleration in pace of energy transition needed to hit climate goal

Europe’s new 2030 emissions target of a 55% reduction over 1990 levels has made it the undisputed global leader in climate ambition. However, with the region still a long way from achieving this rapidly approaching goal, dramatic changes are needed. As noted in the Wood Mackenzie report ‘Fast and furious: Europe’s race to slash emissions by 2030’, Wood Mackenzie’s base case forecast sees the bloc falling short of its goal, delivering a 46% reduction over 1990 levels. An accelerated energy transition for the EU, consistent with limiting... ... More: Official Press Release Wood Mackenzie

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