EU targets 90% emissions cut by 2040, launches Hydrogen Mechanism for clean industry
The European Commission (EC) has proposed an amendment to the EU Climate Law, targeting a 90% reduction in net greenhouse gas emissions by 2040, compared to 1990 levels. The amendment builds on the legally binding commitment to climate neutrality by 2050, which came into effect in July 2021. The proposal is grounded in the Commission Political Guidelines for 2024–2029 and is part of a broader push to align industrial competitiveness, energy security, and decarbonisation. According…