About: net zero

Climate change 25-10-2021

Greenhouse gas levels hit record; world struggles to curb damage

Greenhouse gas concentrations hit a record last year and the world is "way off track" on capping rising temperatures, the United Nations said on Monday (25 October), showing the task facing climate talks in Glasgow aimed at averting dangerous levels of warming.
Climate change 25-08-2021

Opaque net zero pledges not enough to tackle the climate crisis, experts say

Net zero pledges have grown in popularity in the last few years, but there is a worrying over-reliance on carbon removals without enough clarification on how they are used, experts have warned ahead of the COP26 UN climate summit in November.
Energy 05-07-2021

Rebound in global gas demand threatens international climate targets – IEA

A rebound in global gas demand to 2024 following the record fall last year is poised to knock the world off track from reaching its goal of net zero emissions by 2050, the International Energy Agency (IEA) warned on Monday (5 July).

Greens join far-right in bid to stop EU climate law

The European Parliament on Thursday (24 June) gave its thumbs up to the EU's landmark climate law, despite opposition from the Greens who said the legislation didn't go far enough to protect people and the environment against dangerous climate change.
Energy 02-06-2021

IEA: Renewables set to attract 70% of global energy investment in 2021

Global energy investment is likely to rebound to pre-pandemic levels this year, with most finance going towards renewables - but, ultimately, the new generation capacity financed will not be compatible with long-term climate goals.

Industry decarbonisation has stalled in recent years, warns think-tank

European industry is becoming increasingly vocal regarding the challenges it faces in decarbonising production while remaining competitive, a view supported by a recent think-tank report.
Climate change 21-04-2021

Breakthrough as EU negotiators clinch deal on European climate law

European Union negotiators reached a deal on the European Climate Law after fourteen hours of talks on Wednesday (21 April), allowing the EU to arrive at the US-hosted climate summit tomorrow with an agreement on the bloc’s 2030 target.

EU countries clinch new mandate for talks on climate law, raising hopes of a deal

EU member states have adopted a revised mandate for negotiating the European climate law, including a new stance on the 2030 target that retains the net 55% reduction objective but limits the role of carbon sinks, according to documents seen by EURACTIV.
Climate change 30-03-2021

Little progress made in fifth round of negotiations on EU climate law

Little progress was made in the fifth round of negotiations on the European Climate Law last Friday (26 March), despite growing time pressure to have the bill agreed by mid-April, according to people involved in the talks, which are being held behind closed doors.
Energy 25-03-2021

ETS revision will include buildings and road transport, EU Commissioner says

The European Commission's upcoming June package of energy and climate laws will “propose the extension of the emission trading scheme to sectors such as building and road transport,” the EU's energy commissioner Kadri Simson said on Thursday (25 March).
Climate change 25-03-2021

This decade should be ‘Roaring Twenties of climate action’, von der Leyen says

Europe has the opportunity to lead the global shift towards net-zero emissions and reap the rewards of the green transformation, said European Commission President Ursula von der Leyen at an event on Wednesday (24 March).
Climate change 26-02-2021

Climate pledges for 2030 put world far off 1.5C goal, UN warns

Updated plans to reduce emissions, submitted so far by about 75 nations ahead of November's COP26 summit, barely make a dent in the huge cuts needed to meet global climate goals, the UN climate chief said on Friday (26 February), calling for redoubled efforts.
Climate change 25-02-2021

EU unveils data-driven climate adaptation strategy, drawing green criticism

More and better data is needed to improve knowledge of how to adapt to climate change, according to the European Commission's new adaptation strategy, which immediately came under fire from green activists for missing binding targets.

China launches carbon emissions trading scheme

China launched a carbon trading system designed to drive down greenhouse gas emissions on Monday (1 February), as the world's biggest polluter takes steps towards decarbonising its economy by 2060.
Aviation 21-01-2021

Shell pulls out of joint venture to build UK sustainable jet fuels plant

Shell has pulled out of a joint venture with British Airways and Velocys to build a flagship sustainable jet fuels plant in the UK – in a blow to Boris Johnson’s claims that Britain could deliver the world’s first zero-emission long-haul flight, reports EURACTIV's media partner, The Guardian Environment.

‘Gas is over’, EU bank chief says

We need to face the reality that the future is no longer in fossil fuels and need to show credibility on that, said President of the European Investment Bank, Dr Werner Hoyer on Wednesday (20 January).
Climate change 20-01-2021

Competition or cooperation? EU, US enter new era of climate diplomacy

As Joe Biden takes the reins of a tumultuous America, analysts have tempered expectations about the ability of the new US administration to closely align with Europe on climate change.
Energy 18-01-2021

Shift to renewables ‘significantly decreased’ emissions, EU agency says

Europe's shift from fossil fuel-based electricity to renewable sources has cut down on greenhouse gas emissions while tackling environmental problems, the European Environment Agency (EEA) said on Monday (18 January).
Climate change 08-01-2021

Global heating could stabilise if net zero emissions achieved, scientists say

Climate disaster could be curtailed within a couple of decades if net zero emissions are reached, new study shows. EURACTIV's media partner, The Guardian, reports.
Climate change 09-12-2020

Global emissions fell by 7% in 2020 due to COVID lockdowns, says UN report

Reduced travel, industrial activity and electricity generation during COVID-19 has meant global emissions fell by up to 7% in 2020, but the impact of COVID-19 will be negligible without a green recovery, according to the United Nations.
Climate change 09-12-2020

‘Net zero’ climate targets? Read the fine print

The worldwide effort to prevent Earth from becoming an unlivable hothouse is in the grips of "net zero" fever.

Warsaw says ‘further analysis needed’ before EU’s 2030 climate target can be agreed

Further analysis into the impact of tougher climate goals on EU member states is needed before Poland can sign up to the European Commission’s proposed 55% greenhouse gas reduction target for 2030, a senior Polish minister has said.

G20 countries projected to miss 1.5°C Paris target by wide margin: report

No G20 country is on track to meet the 1.5°C warming target, set out in the Paris Agreement, according to the Climate Transparency report published on Wednesday (18 November).
Climate change 30-10-2020

Green recovery led by industry or government – America’s choice between two futures

With the American presidential election next week, the climate policy of Joe Biden and lack of policy from Donald Trump has come into the spotlight: America will have to adapt to green technologies to keep up with the world and the question is whether its administration will dig its heels in or not.