Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search
Ian Lewis
20 October 2015
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

Tough lower carbon targets expected for Europe

The approaching COP 21 talks in Paris have focused the minds of Europe’s energy producers and consumers on future regulations and their own competitiveness

European negotiators at the UN-backed climate change talks (COP21), which start in Paris at the end of November, are expected to remain true to the form of previous meetings. They will push for tougher emissions reductions targets than most of the rest of the world is likely to accept. In September, EU ministers agreed that the bloc would call in Paris for measures to achieve a 40% cut in global greenhouse gas emissions by 2030 compared with 1990 levels, and a binding 30% target for renewable energy. It is also pushing for global emissions to peak no later than 2020. Poland and other eastern European nations, whose power industries are heavily reliant on coal, the most polluting fossil fuel,

Also in this section
Gas growth cools in 2025
14 April 2026
The GECF has warned it may revise its projections for demand this year downwards in light of conflict in the Middle East, although it maintains its forecasts for 2027 and onwards
OPEC+’s 11m b/d March production collapse
13 April 2026
Petroleum Economist analysis highlights sharp shift from crude oversupply to market deficit, with Iraq and Kuwait badly affected and key producers Saudi Arabia and the UAE also seeing output sharply lower
Galkynysh goes fourth
13 April 2026
Turkmenistan is moving ahead with a modest expansion of the giant Galkynysh field to sustain gas deliveries abroad, but persistent delays to other key pipeline projects and geopolitical risks continue to constrain its export ambitions
The UK’s problematic power price
13 April 2026
Expensive electricity has forced out swathes of energy-intensive industry and now threatens the country’s ability to attract future investment in datacentres and the digital economy

Share PDF with colleagues

COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search