EU Sets Goal To Cut Greenhouse Gas Emissions 40% By 2030

An anonymous reader writes: The 28 nations in the European Union agreed Friday to reduce greenhouse gas emissions 40% (going by 1990 levels) by the year 2030. The deal received widespread criticism; industry bosses said the 2030 targets were too extreme, while many environmental groups said the goals weren't ambitious enough. The deal requires each nation to achieve the goal independently — earlier targets could use international offsets to avoid or reduce action. EU officials hope the agreement will encourage the U.S. and China to take a more aggressive stance on fighting climate change.