Carbon removals can transform the EU ETS into a strong climate and investment tool
This Summer, the European Commission will propose to integrate permanent removals into the EU’s Emission Trading Scheme (ETS). Removals in the ETS can help both industry and the climate – but only if the sector is given a credible path to rapidly scale up. 8 April, Brussels: Negative Emissions Platform launches its ‘ETS needs removals’ […]
EU’s Climate Law presents a new way to get to 2040
The European Commission has proposed an amendment to the EU Climate Law, setting a 2040 EU climate target of 90% reduction in net greenhouse gas (GHG) emissions, compared to 1990 levels, as requested by the Commission Political Guidelines for 2024-2029. It will give certainty to investors, innovation, strengthen industrial leadership of our businesses, and increase Europe’s energy security. […]