EU pledges 90 percent cut to carbon emissions by 2040

The European Union has provisionally agreed to reduce greenhouse gas emissions by 90 percent (based on 1990 levels) by 2040, the EU parliament announced in a press release. That goes beyond the goals of most other major economies, including China, but falls short of the original one recommended by the EU's climate science advisors. "The target delivers on the need for climate action while safeguarding our competitiveness and security," said Denmark's minister Lars Aagaard, who helped negotiate the deal. 

The new accord — a vital step in the bloc's long-term goal of achieving climate neutrality by 2050 — was a political compromise months in the making. On one hand, countries like Poland and Hungary argued that deeper cuts would be too onerous for industries already facing high energy costs. And on the other, member...