CONTRIBUTOR To print this article, all you need is to be registered or login on Mondaq.com. The European Commission has committed to an 80 percent to 95 percent reduction in greenhouse gas, or GHG, emissions by 2050. The transport and power sectors produce a large proportion of GHGs. Current plans to meet this goal involve decarbonizing the power sector to produce up to 80 percent of electricity from renewable energy sources, or RES. The European Union transport sector is the largest consumer of energy, most of which comes from hydrocarbon fuels.