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2h ago

EU Seals 2040 Climate Goal, Allowing Foreign Credits and 2028 Fuel-ETS Start

The compromise introduces flexibility that supporters call pragmatic, which critics say could dilute cuts.

Deutschland wird seine Klimaziele laut Forschenden nur erreichen, wenn künftig CO2 aus der Luft entnommen wird. Sie nennen mehrere Verfahren - und stellen Forderungen an die Politik.
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Overview

  • EU negotiators set a binding target to cut greenhouse gases 90% from 1990 levels by 2040, with formal approval by Parliament and member states expected.
  • Up to five percentage points may be met with international credits from 2036, effectively requiring about 85% domestic cuts, with lawmakers pushing for strict quality criteria.
  • The expansion of carbon pricing to road fuels and building heat is delayed one year to 2028 to curb price shocks, a move economists warn could necessitate higher prices later.
  • The deal includes biennial reviews of progress and competitiveness, with reporting that targets could be adjusted if forest and peatland sinks underperform.
  • A new CDRterra report says Germany’s 2045 neutrality needs large-scale CO2 removal, notes current global removals of about 2.2 gigatons a year, and urges clear rules, MRV, and CO2 transport and storage infrastructure.