EU Commits to Slashing Emissions, Boosting Renewables by 2030
The EU is working on energy policies to help protect the environment. They have set goals for 2030, like cutting greenhouse gas emissions by 40% compared to 1990 levels and having 27% of energy from renewable sources. They also want to boost energy efficiency but haven't set a specific goal yet. The EU has earlier targets for 2020, like reducing emissions by 20% and increasing renewable energy to 20%. However, they realize more needs to be done by 2050 to ensure energy security. A study shows prices have gone up recently, but the EU is making informed policies to balance costs and benefits as they move towards cleaner energy.