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Leak: EU sticks to 90% emissions cut, aims to be ‘world leader’ on circular economy
The new European Commission promised a transformational Clean Industrial Deal within its first hundred days, but a leaked draft of the eagerly awaited policy agenda is largely a patchwork of previously announced initiatives. #EuropeNews
Second driver is the creation of “lead markets”, partly to be achieved through a forthcoming Industrial Decarbonisation Accelerator Act, already mentioned in von der Leyen’s political priorities, now promised for the end of the year. Greg Van Elsen, who is leaking work on the Clean Industrial Deal at Climate Action Network Europe, noted that the EU executive appears not to be backtracking on its pledge to follow its own scientific advisors and propose a 90% greenhouse gas emissions cut for 2040. “It's encouraging to see the draft staying on course with the European Green Deal, backing the 2040 climate target of 90% emissions reduction, accelerating renewables, and putting circularity at the front and centre of the EU's industrial strategy,” Van Elsen told Euronews.
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