ETS2 remains safe, but Social Climate Fund may need tweaks to appease politics -experts
Experts remain optimistic that European policymakers will not lose faith in the new EU Emissions Trading System for road and heating fuels (ETS2), despite growing headwinds driven by concerns about the public costs it could inflict, they said at a conference in Essen on Tuesday.
Read MoreEU lawmakers continue pushing for flexibility on car emissions targets
The influential centre-right European People’s Party (EPP) is pushing the European Commission to introduce short-term measures to help automakers meet their emissions targets for cars.
Read MoreEU’s NDC stuck in limbo, pending agreement on 2040 climate target
The European Commission says its forthcoming 2040 climate plan will “inform” the bloc’s next Paris Agreement commitment for 2035, but questions persist on how the figure will be decided, as no method has yet been agreed or even discussed publicly.
Read MoreDATA DIVE: UN postpones 2035 NDC deadline after few countries submit plans on time
The UN has pushed the deadline for the submission of new Nationally Determined Contributions (NDCs) to September, after just a handful of countries sent them in ahead of the initial date of Feb. 10.
Read MoreINTERVIEW: EU’s clean heating transition ‘not on track’ for ETS2, expert says
A sluggish shift to clean heating risks derailing the EU’s 2030 decarbonisation targets adopted under the Emissions Trading System for buildings and transport (ETS2), which is due to kick off in 2027, researchers say.
Read MoreEU’s 2040 climate target plan faces extended delay
The European Commission’s legislative proposal for a 2040 climate target plan, initially expected early in the year, is now slated for the second quarter of 2025, according to a leaked document suggesting the proposal could be put forward after the Polish presidential election in May.
Read More“Simplification or deregulation?” EU bid to streamline green finance rules sparks worries
A much-anticipated EU regulatory simplification package, set to be unveiled on Feb. 26, is raising alarm bells among sustainable finance advocates who worry it may open the door to deregulation.
Read MoreCCS should take centre stage in future EU industrial policies, say experts
Carbon capture and storage should play a major role in the EU Clean Industrial Deal, according to a letter sent by experts to the European Commission on Wednesday.
Read MoreEU ban on fossil fuels feasible, says green group
The European Union should impose a ban on new fossil fuel projects in what would be a “perfectly feasible” policy move, according to environmentalists.
Read MoreG20 falls behind on climate pledges as NDC deadline approaches
As time runs out for countries around the world to submit new national emissions reduction targets to the UN, G20 nations are failing to lead by example, researchers have found.
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