The European Commission has introduced a draft law proposing a 90% reduction in greenhouse gas emissions by 2040, aiming to build a bridge between the 2030 & 2050 climate goals. Climate Commissioner Wopke Hoekstra says the target gives businesses clarity for green investments ahead of COP30. But several EU countries fear economic damage, citing competitiveness concerns. Brussels is exploring subsidies and legal guarantees to soften the transition and keep all member states on board.