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EU Strengthens Climate Change Response with New Agreement

 




1. Overview
On December 12, 2024, the European Union (EU) reached a new agreement at the summit to strengthen its climate change response.

  • Member states reaffirmed the goal of reducing carbon emissions by 55% by 2030.
  • The agreement outlines measures to achieve the Paris Agreement targets and address the ongoing climate crisis.

2. Key Measures

2-1. Expansion of Renewable Energy

  • The EU aims to transition 60% of its total energy consumption to renewable sources.
  • Solar, wind, and hydrogen energy development and adoption will be accelerated.

2-2. Enhanced Emissions Trading System (ETS)

  • The ETS will now cover aviation and maritime sectors, with a cap on carbon credit prices.
  • This move targets stricter regulations on high-carbon industries.

2-3. Promotion of Circular Economy

  • Strategies to reduce waste and promote resource recycling were approved.
  • Mandatory recycling of electric vehicle batteries and reduced plastic use are key initiatives.

3. International Reactions

3-1. Positive Feedback

  • The UN and environmental organizations praised the EU’s commitment, calling it pivotal for global climate efforts.
  • Developing nations are optimistic about the EU’s promised support to mitigate climate change impacts.

3-2. Concerns from Industries

  • High-carbon industries worry about increased production costs and competitiveness challenges.
  • Sectors like steel and chemicals are demanding more government subsidies.

3-3. Responses from Other Major Nations

  • The U.S. has expressed its intention to collaborate with the EU on climate technology development.
  • China is cautiously evaluating its carbon reduction goals in light of the EU’s initiatives.

4. Future Challenges

4-1. Strengthening Cooperation Among Member States

  • Economic disparities among EU members may hinder some countries’ ability to meet climate targets.
  • The European Commission is considering expanding financial aid and promoting technology transfers.

4-2. Enhancing Global Leadership

  • To achieve the Paris Agreement goals, the EU plans to strengthen global partnerships and provide support to developing nations.
  • Diplomatic efforts will focus on engaging major carbon-emitting nations in collaborative actions.

Conclusion
The EU’s strengthened climate agreement marks a significant turning point toward sustainability.
Whether the EU can achieve its goals through internal cooperation and international partnerships remains a critical question.

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