Decarbonization targets by EU amidst Deflationary pressure

28 countries in EU have the decarbonization targets : 40 percent cut in greenhouse gas emissions by by 2030, compared with 1990 levels. More important agreement was on the use of renewable energy to 27% in the total energy mix and increase energy efficiency to at least 27%.

Source: www.bbc.com

Pathbreaking agreement indeed, considering the deflationary pressure that EU faces today. The EU is already on target to cut its CO2 emissions by 20% by 2020, compared with 1990 emission levels.Inspiration for others leading toParis agreement in 2015? 

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