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EU Science Advisers Put Clamp on Carbon Credits to Meet 2040 Climate Target

  • In 2025, the European Union’s leading scientific advisors cautioned in Brussels that the bloc should not rely on international carbon credits as a substitute for domestic emission reductions to achieve its 2040 climate goal.
  • This warning follows the EU executive's delayed proposal aiming to cut 90 to 95 percent of greenhouse gas emissions by 2040 while exploring more flexible national compliance options.
  • The advisers emphasized that outsourcing emission reductions could undermine domestic efforts, reduce investment in clean technologies, and weaken the EU’s economic resilience amid geopolitical and inflation challenges.
  • Board chairman Ottmar Edenhofer emphasized that the EU’s emissions reduction goal for 2040 should be achieved almost entirely through domestic measures, warning against weakening these commitments by relying on carbon credits.
  • Their position implies that the EU must prioritize domestic emissions cuts to maintain credibility, foster innovation, and secure its long-term competitiveness toward the 2040 net-zero goal.
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The Swedish government wants the EU to achieve its climate goals by buying emissions reductions from poor countries. But it is a strategy that is being criticized by the EU's scientific climate council in a new report. "It would be very risky if the EU chose that path," says Professor Ottmar Edenhofer.

·Stockholm, Sweden
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Australian Financial Review broke the news in Sydney, Australia on Sunday, June 1, 2025.
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