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Europe's bold climate vision faces long battle for approval
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The EU's most polluting industries have been subject to the EU's Emissions Trading Scheme for the past 15 years.
PHOTO: REUTERS
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LONDON - "Europe is now the very first continent that presents a comprehensive architecture to meet our climate ambitions," Dr Ursula von der Leyen, the president of the European Commission, the European Union's executive body, said this week.
The plan she and her top EU officials outlined on Wednesday (July 14) to transform the bloc's economy from dependency on fossil fuels to a world of net zero emissions by the middle of this century is certainly impressive, in both scope and ambition.
