Climate change

Carbon market overhaul shifts EU’s climate policy focus on industry, fairness

With its proposed reform of the EU Emissions Trading Scheme (EU ETS), the European Commission is bringing carbon pricing policies to new areas such as shipping, road transport, and buildings. However, it is the fate of industry and ordinary people that is getting all the political attention.
19-07-2021

Fit for 55 will penalise poor Europeans

The European Commission's 'Fit for 55' legislative package will penalise poor Europeans. This is not the just energy transition the EU promised, writes Martha Myers.

Analyst: EU carbon price on track to reach €90 by 2030

High gas prices, combined with a recent decision to raise the EU’s climate goals for 2030, have combined to form a “perfect storm” on the EU carbon market, according to a market analyst who predicts a carbon price of €90...
Biomass 19-07-2021

‘Enough with the burning’: EU executive accused of sacrificing forests

The European Commission has been accused of “sacrificing forests” after it published proposals that would allow trees to continue to be burned for fuel. EURACTIV's media partner, The Guardian, reports.
19-07-2021

Merkel sees ‘surreal’ wreckage as Europe flood death toll tops 180

Chancellor Angela Merkel said Sunday (18 July) that she was horrified by the "surreal" devastation in the flood-ravaged region of Germany, as the toll in western Europe reached at least 184 people dead with dozens still missing.
16-07-2021

Seeing the woods: EU lays out plan to capture more carbon from forests

The European Commission on Wednesday (14 July) unveiled plans to build up carbon sinks, like forests and wetlands, as part of a broader package of climate legislation aimed at achieving a 55% cut in greenhouse gas emissions by 2030 compared to 1990 levels.

Climate-focused investors give warm welcome to EU masterplan

A European Union climate masterplan to raise the cost of pollution and eliminate emissions is a step towards a single carbon price that many investors striving to make companies more sustainable say can help to engineer deeper change.
16-07-2021

China steps up climate fight with emissions trading scheme

Two days after the European Union unveiled new carbon-cutting plans, China launched its long-awaited emissions trading system on Friday (16 July), a key tool in its quest to drive down climate change-causing greenhouse gases and go carbon neutral by 2060.
Energy 16-07-2021

France sceptical about extending carbon pricing to buildings, transport

France expressed "reservations" about the social consequences of extending the carbon market to the building and transport sectors, a proposal put forward by the European Commission on Wednesday (14 July). EURACTIV France reports.
15-07-2021

EU maps proposed share-out of emissions targets between countries

The European Commission on Wednesday (14 July) proposed a template for sharing out the burden of cutting greenhouse gas emissions within the EU, setting out national targets that the 27 member states are certain to wrangle over.
15-07-2021

French lawmakers agree on final version of climate bill

French MPs and Senators reached an agreement on the final version of the country's Climate and Resilience Law - an emblematic text of the presidential term that aims to support the country’s ecological transition by helping it reach its 40% emission reduction target by 2030. A final vote is expected this summer. EURACTIV France reports.

EU’s Timmermans defends new ETS in front of sceptical lawmakers

EU climate chief Frans Timmermans faced lawmakers in the European Parliament on Wednesday (14 July), hours after the European Commission presented a new legislative package aimed at reaching the EU's 2030 climate goals.
15-07-2021

Green MEP: Voluntary schemes have failed biodiversity in forests

Voluntary schemes have not been enough to protect biodiversity in Europe's forests and more coordinated measures are needed to protect nature in the EU, according to Green lawmaker Ville Niinistö.

EU unveils plan to cut emissions 55% by 2030, wave fossil fuels goodbye

The European Commission tabled a root-and-branch review of the EU’s energy and climate laws on Wednesday (14 July), aiming to cut carbon emissions by 55% before the end of the decade and initiate a decisive break away from fossil fuels.

‘Fit-for-55’ package: Squaring the circle

With its 'Fit for 55' climate package, the European Union finds itself at the centre of a three-dimensional puzzle. Burdens need to be shared between 450 million citizens and 25 million businesses, as well as between member states, in a way that is acceptable to enough of them, writes Georg Zachmann.

Finnish MEP: Sustainable forest management must be supported by EU climate legislation

Sustainable forest management is key to keeping Europe's forests healthy and must be supported by EU legislation in order to help meet the bloc's 2030 climate goals, according to Finnish MEP, Petri Sarvamaa.
14-07-2021

NASA, European Space Agency join forces on climate change

NASA and the European Space Agency joined forces Tuesday (13 July) in the battle against climate change, a move they said paves the way to a global response to the problem.
13-07-2021

EU plan puts spotlight on carbon sinks to tackle climate change

Europe will need to increase the amount of carbon stored by its forests and wetlands to meet a new, more ambitious target for carbon removals in Europe, according to a leaked policy draft seen by EURACTIV.
Global Europe 13-07-2021

Kerry in Moscow: US, Russia say will cooperate on climate

US and Russia said on Monday (12 July) they would cooperate on climate change despite strained relations, during a visit to Moscow by US climate envoy John Kerry.
12-07-2021

Forestry and climate change

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The capacity of forests to act as a “carbon sink” – absorbing more CO2 than they emit – is decreasing and needs to be reversed, the European Commission said in September last year when it presented its 2030 climate target plan.

EU climate targets are undermined by ETS subsidies. They must end

Some industry groups have called to maintain free CO2 allowances in addition to the upcoming carbon border levy. Their addiction to subsidies must be brought to an end, otherwise Europe risks triggering a trade war that would also undermine the EU's climate leadership, write Connie Hedegaard and Pascal Lamy.

Make the Fit for 55 package fit for cities

Europe's new and revised climate legislation needs to enable cities to reach climate neutrality by mid-century, including by encouraging more building renovation and driving the transition to clean energy, European mayors write.

ECB pledges to factor climate change more into policy

The European Central Bank said on Thursday (8 July) that it would further incorporate climate change considerations into its monetary policy, including on disclosure, risk assessment, and decisions on collateral and corporate sector asset purchases.

Glass packaging industry goes electric, adding to growing demand for renewable power

Unlike the steel and cement industry, the glass sector has a clear path towards decarbonising its processes: electrification. Yet renewable electricity is scarcer than the industry would like, raising concerns about its ability to meet EU climate goals.

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