The European Union is using its heft as a wealthy trade bloc of half a billion consumers to set the global pace of climate change action, challenging others to match the ambitions of its latest carbon cutting plans.

“Amongst G7 and G20 nations, the EU position is now the explicit global benchmark,” said Julian Poulter, Head of Investor Relations at Inevitable Policy Response, a consultancy on environmental economics.

EU Forces Pace on Carbon Cuts, Challenges Others to Follow | Devamı>>>