World map to illustrate climate change

The Long-Term Climate Strategy of the European Union – a Reality Check

EconPol Opinion
| News

To prevent the average global temperature rising by more than 1.5° celsius, we need to reduce global net greenhouse gas (GHG) emissions to zero by 2050. The EU’s current target is a reduction of emissions by 80-95% by 2050. However, the EU itself estimates that it will only achieve about 60% with a continuation of current policies. In 2017, GHG emissions rose after falling by almost 23% between 1990 and 2016. Prof. Dr. Karen Pittel examines the evidence and suggests a framework for action.