Answer:
Fair value is the sale price agreed upon by a willing buyer and seller. The fair value of a stock is determined by the market where the stock is traded. Fair value also represents the value of a company's assets and liabilities when a subsidiary company's financial statements are consolidated with a parent company.
Explanation:
This is of course a very subjective question, but most would argue that it is rather reasonable for the EU to have been slow to meet its energy goals, since it is dealing with a large number of separate countries with different emissions patterns.