BRUSSELS: Energy ministers of the European Union (EU) agreed on Tuesday (Wednesday in Manila) that the new climate target of cutting at least 55 percent of carbon dioxide emissions by 2030, compared to 1990 levels, demands lots of efforts but the efforts will ultimately pay off.

The consensus was reached at an informal ministerial meeting convened by German Minister for Economic Affairs and Energy Peter Altmaier and European Commissioner for Energy Kadri Simson to discuss the target set by the European Commission.

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