EU agrees to cut emissions by 55% by 2030 — carbon prices will now triple, says analyst

The late-night agreement by European leaders is set to rapidly increase the cost of emitting greenhouse gases, potentially speeding up the energy transition

. EU states will need 465GW of installed wind capacity by 2030 to reach Paris Agreement goals, says the report.
. EU states will need 465GW of installed wind capacity by 2030 to reach Paris Agreement goals, says the report.Foto: Flickr/European Parliament
Europe
Published 11 December 2020, 14:07Updated 22 October 2023, 17:53