EU countries approves 2040 target to cut net emissions by 90 pct

BRUSSELS, March 5 (Xinhua) -- European Union (EU) countries on Thursday gave final approval to an amendment of the European Climate Law, setting a binding intermediate target to cut the bloc's net greenhouse gas emissions by 90 percent by 2040 compared with 1990 levels and reinforcing the EU's path toward climate neutrality by 2050.

Under the amended law, member states will be allowed from 2036 to count "high-qu