The European Commission is looking at cost-efficient ways to make the European economy more climate-friendly and less energy consuming. By 2050, the European Union could cut most of its greenhouse gas emissions. Clean technologies are the future for Europe's economy.
For the short term, the EU has put in place legislation to reduce its emissions to 20% below 1990 levels by 2020, and data show it is well on track to reach this target. Europe is also offering to step up this cut to 30% if other major economies agree to do their fair share of a global reduction effort.
With its Roadmap for moving to a competitive low-carbon economy in 2050, the European Commission has looked beyond these short-term objectives and set out a cost-effective pathway for achieving much deeper emission cuts by the middle of the century. All major economies will need to make deep emission reductions if global warming is to be held below 2°C compared to the temperature in pre-industrial times.