Published by Teresa on February 14, 2025
The new target will be part of an amendment to the European Climate Law, which provides a framework to achieve the bloc’s carbon neutrality by 2050 target.
—
The European Union’s executive is expected to propose a law to set a new interim emissions-reduction target at 90% by 2040, a move that places the bloc a step closer to its decarbonization goal.
The new target will be included in an amendment to the European Climate Law, which provides a framework to achieve the bloc’s legally binding target of reaching carbon neutrality by mid-century. The bloc has already pledged to cut net emissions by 55% by 2030 compared with 1990 levels.
The plan is part of the European Commission’s Work Programme for 2025, which focuses on competitiveness, defense and simplifications of administrative procedures and implementation of EU rules.
>> In Other News: Innovators Gear Up Work on ‘Green’ Hydrogen Plane With Plans for Nonstop 9-day Trip Around Earth
For the Greens, this simplification may be used as “an excuse to strip away elements of the Green Deal and social progress.”
“Simplification as a tool to make companies’ and peoples’ lives easier can be beneficial but not as a byword for stripping away the Green Deal and social progress,” said Terry Reintke, President of the Greens/European Free Alliance Group.
The group also criticized the absence of any clear measures aimed at protecting nature, decarbonizing the transportation sector, and reducing emissions. The Commission on Wednesday pledged to put forward a “strategic framework” for the production and distribution of sustainable transport fuels.
182 countries missed a Monday deadline to submit new national climate plans to the UN, including major polluters like China, India, and the EU.
Under the Paris Agreement, each country must submit its own emissions reduction plan, known as Nationally Determined Contributions (NDCs), every five years. Only three of the world’s 10 largest economies – Brazil, the UK, and the US – submitted their updated NDCs in time, though Canada has since submitted a plan.
None of the national plans submitted so far is compatible with the 1.5C goal, according to Climate Action Tracker.
The US submitted its NDC 3.0 in December, prior to President Trump’s inauguration. Trump has since exited the Paris Agreement, raising fears of setbacks.
Virtually every country adopted a global warming target by signing the Paris Agreement, aiming to limit global warming to below 1.5C. However, current pledges put the world on track for a 2.6-3.1C temperature increase this century.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🌲 Governor Newsom Announces Key Step Forward in California Plan to Link Carbon Markets With Washington State 🍁 MAX Power's Lawson 4 Puts Western Canada on the Natural Hydrogen Ma...
Inside This Issue 🌬️ Spiritus Signs First Three Letters of Intent With U.S. Oil Producers for On-Site CO₂, Representing More Than 3 Million Tonnes of Annual Demand ✈️ Germany's Uniper Signs Offtak...
Inside This Issue ♻️ Vanguard Renewables and Generate Upcycle Unite to Create North America's Largest Food Waste-to-RNG Platform 🌍 Google Is Buying Climate Impact on Two Clocks at Once ✈️ Infinium...
New Report Shows Strong Progress in Sustainable Aviation Fuel (SAF) Availability Across the EU
The European Union Aviation Safety Agency (EASA) today published the annual report on the implementation of the ReFuelEU Aviation Regulation. The report provides a comprehensive overview of the ava...
Lower-Carbon Steel and Permanent Storage: CCS Expands Across the Gulf Coast
We are now capturing, transporting and storing captured CO₂ from Nucor's direct reduced iron facility in Convent, Louisiana, supporting lower-carbon steel production. Nucor is our third active com...
Jacobs Extends Role on German Hydrogen-Capable Direct Reduction Plant
DALLAS – Jacobs (NYSE: J) was selected to extend its role on thyssenkrupp Steel's direct reduction plant in Duisburg, Germany, continuing to provide project management office (PMO), construction ma...
Federal Government Developing Framework for Greater International Cooperation on Carbon Markets
OTTAWA, ON, Sept. 24, 2026 /CNW/ -- With world-class industrial expertise, geology, clean power, abundant natural resources, and a strong policy foundation, Canada has an opportunity to build a glo...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.