A wider EU regulatory obligation to renovate

On 28 November 2018, the Commission published a European strategic long-term vision for a climate neutral economy. It highlights the findings of the October 2018 Special Report Global Warming of 1.5°C of the Intergovernmental Panel on Climate Change (IPCC) that disastrous and irreversible impacts will take place as soon as the planet warms by more that 1.5°C above pre-industrial levels. Meanwhile, temperatures are already at +1.0°C and increasing at 0.2°C per decade. The Commission concludes that the only way to stay below 1.5°C is for the world to be at net-zero* greenhouse gas (GHG) emissions by 2050 and that the EU must lead.
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