EU Climate Ministers Meeting: European Union climate ministers are meeting in Brussels to establish a new climate change target for 2040 ahead of the UN COP30 summit in Brazil.
Proposed Emission Cuts: The European Commission has proposed a 90% reduction in greenhouse gas emissions by 2040 compared to 1990 levels, but some member states like Italy and Poland find this target too restrictive.
Support and Opposition: While countries like the Netherlands and Sweden support the ambitious target due to worsening weather conditions, others are concerned about the impact on domestic industries.
Future Adjustments and Carbon Credits: The proposal includes a clause allowing for future adjustments to the target based on forest CO₂ absorption, and member states will need to decide how much of the emissions cut can be achieved through foreign carbon credits.
Wall Street analysts forecast NZAC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NZAC is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast NZAC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NZAC is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 42.890
Low
Averages
High
Current: 42.890
Low
Averages
High
No data
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
