EU official outlines criteria for CBAM expansion to new sectors
If the EU’s Carbon Border Adjustment Mechanism (CBAM) is expanded to new industrial sectors or to downstream supply chains within a sector already covered by the scheme, then it should happen all at once – not in phases, a European Commission official has said.
Read MoreNo separate target for CDR in EU’s upcoming 2040 climate plan, official says
The European Commission will not present a separate target for permanent carbon removals as part of the EU’s 2040 emission reduction plan due on July 2, an official said during an event in Brussels on Thursday.
Read MoreAdvisory group announces “world’s largest” carbon finance project in Burundi
A climate finance government consultancy is looking for a partner to develop a clean cooking project in Burundi in what could be the “world’s largest ever carbon finance project”, it announced on Wednesday.
Read MoreCorporate lobbying often at odds with climate pledges -report
Analysts have identified a glaring data gap between corporate climate pledges and their lobbying, which may lead to poorly informed decisions from investors and a slow down on climate progress.
Read MoreBRIEFING: Deal on EU’s Green Claims Directive in sight
An agreement on the EU’s anti-greenwashing policy, the Green Claims Directive, is now expected by the end of June, with EU co-legislators leaning towards the position adopted by the Council of EU member states, according to sources following the talks.
Read MoreEuropean EV charging industry urges EU to preserve cars’ CO2 target
Business leaders from the European electric vehicle charging sector said rolling back the bloc’s 2035 combustion engine phaseout would be disastrous for their sector, as carmakers increase pressure on the European Commission to relax the target.
Read MoreGlobal economy more dependent on forests than thought -research
Global economies and societies are linked to forests in a deeper way than previously thought, meaning governments need to have a long-term approach to ensuring their survival, according to a global report by scientists.
Read MoreStable electrification is vital to Europe’s security, say energy experts
Security is becoming the main concern when developing tomorrow’s energy system, with a stable power supply critical to these plans, said European energy executives at an industry event on Wednesday.
Read MoreDenmark did not ask for Article 6 flexibility to meet 2040 target -minister
Denmark’s climate and energy minister said on Wednesday that his country has not asked the European Commission for the inclusion of international (Article 6) credits to meet the EU’s 2040 emission reduction target, insisting however that the decision needs to be a collective one.
Read MoreFEATURE: Direct air capture shifts from hype to reality as race for scale and survival begins
Mounting costs, technical challenges, and growing scrutiny are fuelling doubts over whether direct air capture (DAC) can deliver on its carbon removal promise, raising concerns that policymakers may be placing too much faith in a technology still in its infancy.
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