BRUSSELS (AP) — European Union leaders are still looking for an agreement to cut the bloc’s net greenhouse gas emissions by at least 55% by the end of the decade compared to 1990 levels following a night of intense discussions. With the fight against climate change a priority of the European Union, a deal is seen as critical to avoid a hugely embarrassing deadlock ahead of a U.N. climate meeting later this week. Reunited since Thursday for a two-day summit in Brussels, a majority of the 27 member states want to sign off the EU’s executive commission’s proposal to toughen the bloc’s intermediate target on the way to climate neutrality by mid-century. But financial concerns by coal-reliant eastern nations worried about how to fund and handle the green transition have so far slowed down progress.
