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Investing.com -- The Czech Republic does not agree with the European Commission’s proposal to cut carbon emissions by 90% by 2040, Czech Prime Minister Petr Fiala said on Wednesday.
The European Commission put forward the proposal on Wednesday, which aims to keep the European Union on track to reach net zero emissions by 2050, its core climate objective.
While proposing the ambitious 90% reduction target compared to 1990 levels, the Commission included certain flexibilities designed to ease the burden of emissions cuts for industries within the EU.
Despite these accommodations, the Czech Republic has signaled its opposition to the target, as stated by Prime Minister Fiala.
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