By MIKE CORDER and MONIKA SCISLOWSKA
European Union leaders agreed early Friday to cut greenhouse gas emissions in the 28-nation bloc to at least 40 percent below 1990 levels by 2030.
The deal was aimed at countering climate change and setting an example for the rest of the world ahead of key international climate negotiations next year.
By Julia Fioretti and Barbara Lewis
The European Union is set to make it easier to bring road transport emissions into the carbon trading market, a move that critics say could empower carmakers to push back against more effective curbs on greenhouse gases.
The European Commission said it had opened an in-depth investigation into Volkswagen Group’s planned receipt of €36.15 million ($45.6 million) of state aid for introducing its modular MQB platform technology at a plant in Portugal.
The European Commission on Thursday ordered Germany to stop backing a banned car refrigerant within two months or face court action and possible fines.
The EU executive’s decision follows months of investigation by the Commission after Mercedes-Benz refused to stop using a polluting refrigerant and won backing from German authorities.
The European Union wants the World Trade Organization to rule on its dispute with Moscow over tariffs on vans exported from the EU to Russia, the WTO said today.
