Bruegel: Europe’s 2040 climate target – four critical risks and how to manage them
The EU Commission has recommended to cut greenhouse gas emissions in the EU by 90 percent until 2040 compared to 1990. Modelling shows that this target is feasible technically and is in line with social acceptability and global fairness objectives. Achieving it will require massive expansion of renewable electricity generation, drastic reductions in fossil-fuel use, energy efficiency measures and deep electrification of end-use sectors.