Finnair delays climate neutrality goal five years, until 2050
Finland’s flagship carrier announced on Wednesday it had pushed its climate neutrality goal from 2045 to 2050, saying this was due partly due to the company’s decision to exclude carbon offsets from its climate solutions portfolio.
Read MoreEurope continues to invest in gas grids, despite net-zero targets -study
There is a “significant disconnect” between gas infrastructure planning in Austria, Belgium, Germany, Italy and the UK, and what’s required to achieve their net-zero climate goals, according to research published on Wednesday.
Read MoreSetback as EU gas industry rejects just transition deal with trade unions
European gas employers have rejected a draft agreement with trade unions to wind down the EU’s industry, highlighting the difficulties in managing the social aspects of the green transition.
Read MoreINTERVIEW: “We can be first movers on CCS” says EU fertiliser industry
The European fertiliser industry has made strides on climate in the last 20 years, cutting emissions by nearly 50% since 2005. To tackle the remaining half, two options are available – but neither are cheap or easy, the sector’s EU trade association told Carbon Pulse in an interview.
Read MoreBRIEFING: CO2 removals target up in the air as EU debates 2040 climate goal
Debate over the place of carbon removals in climate policy is picking up ahead of a decision on the EU’s 2040 climate target, due next year, but EU climate chief Wopke Hoekstra remains elusive on whether he will support a separate target for removals or not.
Read MoreIn written statement to Parliament, EU climate chief sheds light on bloc’s future priorities
Commissioner-designate Wopke Hoekstra has sent responses in writing to EU lawmakers ahead of a confirmation hearing for his second term as the EU’s climate chief, shedding light on the bloc’s future climate priorities.
Read MoreBRIEFING: EU presents draft methodologies to measure CO2 removals from biochar, DACCS, BECCS
The European Commission on Monday presented draft methodologies to measure the CO2 removals obtained from three different techniques, paving the way for the EU to formally adopt them as part of its new carbon removals certification scheme as early as next year.
Read MoreBRIEFING: ‘Please regulate’ – Financiers cry out for greater standardisation in carbon removals market
Bankers want regulators to set standards for the emerging carbon removals market, saying this is the only way to create the trust necessary to generate liquidity and unleash investments in the nascent industry.
Read MoreBRIEFING: Brussels looking beyond EU ETS integration to finance carbon removals
The European Commission is looking at all options to incentivise carbon removals, not just their potential integration in the EU’s Emissions Trading Scheme (EU ETS), a senior EU official has said.
Read MoreINTERVIEW: CBAM cannot shield us from Russia, EU fertiliser industry warns
Fertiliser production in Europe is struggling to compete on global markets due to the continent’s dependence on gas imports, the EU’s trade association has said, while warning against Russia’s attempt to systematically undercut the bloc’s producers to “kill the European fertiliser industry and create a dependency for our farmers”.
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