Core Viewpoint - The European Union aims to reduce carbon emissions by approximately 54% by 2030 compared to 1990 levels, slightly below its 55% target, and achieve at least 42.5% renewable energy share [1] Group 1 - The EU plans to achieve carbon neutrality by 2050 [1] - Since 1990, global carbon emissions have decreased by 37% while the economy has grown by nearly 70%, indicating that climate action can coincide with economic growth [1] - The EU Commission will propose a reduction target on July 2, aiming for a 90% reduction in greenhouse gas net emissions by 2040 compared to 1990 levels [1] Group 2 - The EU will provide flexible solutions for member states to achieve the reduction target, including the use of international carbon credits [1] - EU countries may pay for foreign emission reduction projects and count the achieved reductions towards their own targets [1]

Core Points - The European Commission plans to propose a greenhouse gas reduction target of 90% by 2040 compared to 1990 levels on July 2 [1] - Member states will have flexibility in achieving this target, including the use of international carbon credits [1] - Germany, France, and Poland have expressed support for this proposal, while critics warn that the use of carbon credits may undermine the EU's efforts for economic decarbonization by mid-century [1]