investment plan: But Poland remained against. ; The tussle came a day after Germany's Ursula von der Leyen, the new head of the bloc's executive European Commission, proposed a 100 billion 110 billion investment plan for net-zero greenhouse gas emissions by midcentury, declaring it Europe's man on the moon moment, according to The Japan Times. With fires, floods and droughts ruining millions of lives around the world, the European Union's new push comes as popular protest demanding more action to fight climate change spreads around the bloc. The Czech Republic and Hungary eventually dropped their resistance after winning a guarantee that nuclear energy would be recognized as a way for EU states to reduce greenhouse gas emissions. Von der Leyen said the Brussels summit deal, reached in the wee hours of Friday by 27 national EU leaders, was enough for the commission to start rolling out concrete climate legislative proposals for the bloc next year based on the 2050 goal. It needs more time to go through the details, but this will not change the time frame for the commission. RELATED STORIESU.N. head Guterres warns against 'survival of the richest' at climate talks in Madrid We acknowledge that the transition is a big one for Poland, she said.
(news.financializer.com). As
reported in the news.
Tagged under investment plan, floods droughts topics.