The European Union has struck a deal on its 2040 climate target which, on paper, maintains the headline goal of slashing emissions by 90% but allows loopholes and backdoors that will result in hundreds of millions of tonnes of additional domestic emissions.
Although the European Union has the means and capacity to wave goodbye to fossil fuels by 2040, EU environment ministers have backed an unambitious climate target for that year that unfairly shifts some of the burden for domestic climate action to the Global South
In response to pressure from national governments, the European Commission has proposed changes to the Market Stability Reserve that will regulate the supply of pollution allowances for the new Emissions Trading System for road transport and buildings (ETS2). While a couple of changes are
Rather than the feared depression in trade flows, the EU’s Carbon Border Adjustment Mechanism (CBAM) looks set to become a powerful climate diplomacy tool that will encourage Asian economies to clean up their industries, a new simulation finds.
Misguided attempts by Brussels to appease the Trump administration on trade are not only futile but also run counter to the EU’s environmental responsibility and undermine the bloc’s climate action. With a view to ending the escalating tariff war, the European Union and the
A dangerous approach to addressing high ETS2 prices would be to reform the Market Stability Reserve prematurely – before the real price signal and emission levels in the market become clear and without considering the environmental implications of the additional allowances that would enter
The EU Emissions Trading System (ETS), which requires polluters to pay for their emissions, was a world first, yet international aviation emissions are still exempt from ETS pricing despite their huge climate damage. The EU must now bring international aviation back under regulation, stand
The European Commission’s unambitious proposed climate target for 2040 risks becoming riddled with loopholes and delaying urgent climate action. This in-depth analysis explains how and why.
NGOs are concerned that measures outlined in NSCPs will be insufficient to protect those most vulnerable to ETS2 prices. National governments must prioritise completing their plans as soon as possible, but not at the expense of meaningful stakeholder engagement.
Stay in touch and receive our monthly newsletter, campaign updates, event invites and more.
