Finland’s Reservations: EU’s Net Emission Reduction Target on Climate Change

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The European Union (EU) has proposed a 90 percent net emission reduction target for its 2040 climate goal, which Finland has accepted with reservations. This target aims to reduce emissions from the level of 1990 and will require both emission reductions and carbon removal to achieve. While Finland supports this target, they have certain requirements for key instruments used to implement it.

Finland wants technology-neutral implementation and acceptance of nuclear power as well as effective incentives for technical carbon sequestration at the EU level. During the EU’s Environmental Council meeting in Brussels, Finland emphasized the importance of cost-effective emission reductions and considering uncertainties in the land use sector when implementing future legislation.

The transition of industries to green technologies is crucial for achieving emission reductions, according to Finland. This includes transitioning steel factories and refineries away from fossil fuels, which may depend on how pure hydrogen is defined. Additionally, recovering carbon dioxide in forest industry units is a significant issue as technical sinks play a vital role in achieving net reduction increases in carbon dioxide emissions. Finland views these technical sinks as essential, especially if they aim to increase net reduction by more than five million tons of carbon dioxide emissions.

Finland recognizes that achieving a 90 percent net emission reduction target will be challenging but necessary if Europe wants to meet its 2040 climate goal. The country’s support for this target shows their commitment towards reducing their carbon footprint and contributing towards a cleaner future for all Europeans.

In conclusion, Finland has accepted the EU Commission’s proposed 90 percent net emission reduction target with reservations. While the country supports this goal, they want certain instruments used to implement it to meet their minimum requirements, including technology-neutral implementation and acceptance of nuclear power as well as effective incentives for technical carbon sequestration at the EU level.

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