Industry cannot rely on negative emissions for 2039 climate target, experts say
Industry should not rely on negative emissions to compensate for the ending of new EU Emission Trading Scheme (ETS) allowances from 2039, experts have told Euractiv.
Industry should not rely on negative emissions to compensate for the ending of new EU Emission Trading Scheme (ETS) allowances from 2039, experts have told Euractiv.
The surcharge goes into effect for tickets booked from June 26 and departing from European countries.
Germany’s Free Democrats say their backing for the next EU top executive hinges on weakening EU climate laws โย a clear shot at Ursula von der Leyen.
Brussels called the 15.5 percent reduction in 2023 a “record.”
Ahead of the European Parliament elections in June, business groups have presented their wish lists for the next legislative cycle, focussing on simplifying rules and paperwork but not calling to turn away from climate policy.
Ukrainian steel and iron firms need EU buyers more than ever. But a looming EU tax in 2026 will cost them millions if rapid changes aren’t made.
Despite the transition to climate neutrality creating frictions in the short-term, politicians should not change course, investors in green technologies said, asking for clear signals that the transition will be followed through.
The Carbon Border Adjustment Mechanism enters a trial phase on Sunday.
The European approach to building climate-friendly industries is โsuperiorโ to the USAโs Inflation Reduction Act (IRA), German and French economists have argued in a new paper, calling for less panic in the response to the US subsidies.
EU has embarked on no less than an industrial revolution. A revolution that โ unlike those of the past โ is set against a tight deadline.