In order to protect the environment, the EU wants to reduce greenhouse gases by at least 20% by 2020 as compared with 1990 levels. The economy is to be largely de-carbonised by 2050, allowing greenhouse gas emissions to be reduced by 90%. cep follows EU proposals such as the European Emissions Trading System, the reduction of CO2 emissions from vehicles, plans for energy efficiency and environmentally sustainable product design ("Eco-design") as well as the promotion of renewable energy.