EMEA > Finland risks huge EU fines over carbon sink collapse, say experts

Finland risks huge EU fines over carbon sink collapse, say experts

Published 19:03 on December 22, 2022  /  Last updated at 19:23 on December 22, 2022  / /  EMEA, EU ETS, Nature-based

Finland is likely to fail to meet its net carbon sink target under the EU's land use regulation (LULUCF), researchers said in a report published this week that concluded the country would face massive costs either from fines or from having to buy allowances from other member states.
Finland is likely to fail to meet its net carbon sink target under the EU's land use regulation (LULUCF), researchers said in a report published this week that concluded the country would face massive costs either from fines or from having to buy allowances from other member states.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, log in here.