JRC News

  1. 24 Jan 2014

    The European Commission published a Communication this week setting out the new 2030 framework with the revised climate and energy targets for a competitive, secure and low-carbon EU economy. A binding reduction of greenhouse gas emissions (GHG) by 40% below the 1990 level and an EU-wide binding target for renewable energy of at least 27% are the pillars of the updated framework. The Commission also suggested reforming the European Union Emission Trading System (ETS) with the establishment of a market stability reserve.