AIRLINK 198.40 Increased By ▲ 0.43 (0.22%)
BOP 9.92 Decreased By ▼ -0.12 (-1.2%)
CNERGY 7.52 Increased By ▲ 0.23 (3.16%)
FCCL 38.50 Increased By ▲ 2.50 (6.94%)
FFL 16.79 Decreased By ▼ -0.12 (-0.71%)
FLYNG 27.54 Increased By ▲ 2.50 (9.98%)
HUBC 134.75 Increased By ▲ 0.72 (0.54%)
HUMNL 14.15 Increased By ▲ 0.01 (0.07%)
KEL 4.78 No Change ▼ 0.00 (0%)
KOSM 6.74 Decreased By ▼ -0.20 (-2.88%)
MLCF 46.05 Increased By ▲ 1.07 (2.38%)
OGDC 216.80 Decreased By ▼ -1.43 (-0.66%)
PACE 6.96 Increased By ▲ 0.02 (0.29%)
PAEL 40.95 Decreased By ▼ -0.47 (-1.13%)
PIAHCLA 17.00 Increased By ▲ 0.14 (0.83%)
PIBTL 8.50 Increased By ▲ 0.04 (0.47%)
POWER 9.55 Increased By ▲ 0.16 (1.7%)
PPL 183.40 Decreased By ▼ -2.53 (-1.36%)
PRL 42.69 Increased By ▲ 1.42 (3.44%)
PTC 24.99 Increased By ▲ 0.22 (0.89%)
SEARL 103.90 Decreased By ▼ -0.75 (-0.72%)
SILK 1.01 No Change ▼ 0.00 (0%)
SSGC 40.45 Decreased By ▼ -0.46 (-1.12%)
SYM 17.80 Decreased By ▼ -0.25 (-1.39%)
TELE 8.85 Decreased By ▼ -0.06 (-0.67%)
TPLP 12.93 Increased By ▲ 0.09 (0.7%)
TRG 65.86 Decreased By ▼ -0.74 (-1.11%)
WAVESAPP 11.16 Decreased By ▼ -0.14 (-1.24%)
WTL 1.77 Decreased By ▼ -0.01 (-0.56%)
YOUW 4.00 No Change ▼ 0.00 (0%)
BR100 12,119 Increased By 9.9 (0.08%)
BR30 36,719 Increased By 121.5 (0.33%)
KSE100 114,818 Decreased By -223.9 (-0.19%)
KSE30 36,085 Decreased By -114.5 (-0.32%)

Europe unveiled a landmark green growth law on Wednesday but failed to impress teenage activist Greta Thunberg, who dubbed it a "surrender" to the threat of climate change. The European Commission's draft of the law mandates EU members to achieve "climate neutrality" - net zero greenhouse emissions - by 2050. It is seen in Brussels as the trigger to an economic revolution that will make Europe sustainable and meet the targets of the Paris climate accord.

The proposal "will be our compass for the next 30 years and it will guide us every step of the way as we build a sustainable new growth model," European Commission President Ursula von der Leyen told reporters.

It "will set in stone Europe's position as a climate leader on the global stage and will inspire many of our partners." But 17-year-old Swedish eco-warrior Thunberg poured cold water on von der Leyen's enthusiasm and accused Europe of making false claims of leadership on the environment.

The European Union must stop "pretending that you can be a climate leader and still go on building and subsidising new fossil fuel infrastructure," the Swedish activist told a committee hearing at the European Parliament.

Thunberg was in the Belgian capital ahead of a Friday climate action protest, but had also been a guest of Von der Leyen at a meeting of top EU officials that approved the proposal.

The proposed climate text aims to enshrine into law the EU's grand ambition of zero net carbon emissions by mid-century. It would also give the EU executive new powers to impose emission targets on member state governments, a measure welcomed by greens and some activists. But handing more power to the commission, the EU's executive arm, faces almost certain opposition from the national governments and the European Parliament which must ratify the proposal.

Copyright Agence France-Presse, 2020

Comments

Comments are closed.