Inflation and war loom over EU votes on climate change policy

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Inflation and war loom over EU votes on climate change policy
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The European Parliament votes on Wednesday on eight climate change policies, with the outcome uncertain as concerns about soaring energy costs and inflation collide with Europe's commitments to fight global warming.

The policies are designed to steer the European Union, the world's third biggest polluter, towards its target of reducing net greenhouse gas emissions by 55% by 2030, from 1990 levels.

But some lawmakers cite the immediate pressures of energy costs, the economic consequences of the Ukraine war, and the need to give industries more time to adapt as reasons for a slower approach. Lawmakers are considering options to toughen the market to deliver a 61%, 63% or 67% emissions cut by 2030.

The centre-right European People's Party , parliament's biggest lawmaker group, wants to weaken that to a 90% CO2 cut.

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