Tag: Climate Neutrality 2050

Poland out of EU’s Climate Neutrality 2050 plan

Poland out of EU’s Climate Neutrality 2050 plan

Poland left 2050 Climate Neutrality Agreement of European Union as the Union demanded for more funds to support nuclear power and for economic transition. Highlights Poland, whose 80% of energy needs are relied on coal opted out of Climate Neutrality 2050 plan. The country requested to extend the plan execution deadline to 2070 availing longer period to cut emissions according to the plan. But net players like Netherlands refused to agree to the terms that led Poland to leave the plan. Hungary and Czech Republic stopped their resistance after nuclear energy was recognized as a way to reduce greenhouse gas emissions. The Climate Neutrality Planis a key commitment under 2015 Paris Agreement on Climate Change. It is a 100 billion Euro plan for net zero greenhouse gas emissions by 2050. It is also called European Green Deal or Europe’s man on the moon moment.