Macro Finance
Spain, Portugal, Luxembourg Urge EU to Set 2040 Renewables Goal
Bloomberg Markets·September 29, 2026·1 min read
Spain, Portugal, and Luxembourg are urging the European Union to set a 2040 renewable-energy target. The push aims to reduce the bloc's dependence on imported fuel. The proposal comes as the EU seeks to bolster its energy independence and transition to cleaner sources, though no specific percentage or binding commitment has been detailed.
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