The European Union clinched a deal in the early hours of Wednesday on a landmark climate change law that puts new, tougher greenhouse gas emissions targets at the heart of all EU policymaking. The deal arrives just in time for a summit of world leaders hosted by the U.S. government on Thursday and Friday, where the EU and other global powers will promote their pledges to protect the planet. The European climate law will guide the bloc’s regulations in the coming decades. It includes a target to reduce net emissions at least 55% by the end of the decade from 1990 levels – lower than the 60% goal sought by the European Parliament – to steer it towards reaching zero net emissions by 2050. If adopted globally, the net zero by 2050 pathway would limit global temperature increases to 1.5 degrees above pre-industrial levels and avoid the worst impacts […]