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EU Ministers Set 2040 Goal for 90% Emission Cuts

11/8/2025

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Story summary
  • European Union climate ministers reached a tentative 2040 target to cut emissions 90% from 1990 levels.
  • The deal allows countries to cover up to 10% of their reductions by purchasing foreign carbon credits.
  • Poland and the Czech Republic opposed the agreement amid concerns about balancing climate goals with economic priorities.
  • Formal approval is expected later today, after critics warned that reliance on foreign credits could undermine investments in European industries.