The European Commission wants the EU to cut its CO2 emissions by at least 55% on 1990 levels by 2030, up from the current 40%, in a move set to accelerate the switch away from fossil fuels, it said on Sept. 16. Receive daily email alerts, subscriber notes & personalize your experience. Register Now The proposed target would cut the EU’s energy import dependency, and meeting it would require huge investment in low-carbon options such as hydrogen, electric vehicle charging points, and green steel, EC President Ursula von der Leyen told the European Parliament. The EC plans to propose the new 2030 CO2 target as an amendment to its draft EU climate law proposed in March that seeks to make […]