US EditionEU Set to Propose More Flexible 2040 Emissions Target
9 Articles
9 Articles
EU Set to Propose More Flexible 2040 Emissions Target
The European Commission considers allowing European Union countries more flexibility in reaching a 90% emissions cut target by 2040, diplomats told Reuters on Friday, amid growing backlash against the too stringent EU climate policies. In early July, the European Commission is set to propose a 2040 climate target that would include cutting greenhouse gas emissions by 90% by 2040 compared to 1990 levels, according to Reuters’ sources with knowled…
According to insiders, the European Commission wants to include international carbon dioxide credits in the 2040 climate target in order to reduce pressure on EU Member States to achieve environmental targets. EU Climate Commissioner Wopke Hoekstra confirmed this at a meeting with representatives of EU countries on Wednesday, the Reuters news agency learned from several diplomats.
authors work for Euractiv portal However, industrial carbon capture and storage projects do not yet exist in the Union. The EU is turning its attention to the forgotten telecommunications sector. You are reading the newsfilter on the European economy, which is published every Friday. 1. Commission wants to force big oil and gas companies to store carbon underground The European Commission wants big oil and gas producers to store carbon undergrou…
In July, the European Commission is expected to propose a 90% reduction in greenhouse gas emissions by 2040, while introducing flexibility measures to appease Member States.
EU to Propose New Climate Goal With Greater Flexibility in July
The European Union is set to offer greater flexibility in July over achieving its emissions-reduction target for the next decade, as the bloc seeks to bolster flagging support for its ambitious climate plans. The European Commission, the EU’s executive arm, told member states it’s considering publishing a measure to set an interim climate goal for 2040 on July 2, according to diplomats with knowledge of the matter. Options under consideration i…
Coverage Details
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
