The European Commission proposed on Tuesday to amend the EU Climate Law, setting a binding target of a 90 percent reduction in net greenhouse gas emissions by 2040, compared to 1990 levels. The

The EU is pushing ahead with an ambitious new target for cutting greenhouse gas emissions, signaling a growing divide between the U.S. and the rest of the industrialized world.

The Commission proposed setting 2040 as the target for a 90% reduction of greenhouse gas emissions. The EU wants to be carbon neutral by 2050.