Scientists warn of serious environmental, social, and geopolitical risks of Solar Radiation Modification (SRM). A panel of experts commissioned by the EU Commission published a report on Monday assessing SRM, including policy recommendations. SRM combats the symptoms instead of the causes of climate change, they write. The technology would at best reduce warming temporarily and […]
Following the fall of the government in France, President Emmanuel Macron has announced that he will announce a successor to ousted head of government Michel Barnier in the coming days. He will task this person with “forming a government of general interest” that represents all political forces that are willing to participate or at least […]
The new EU Competition Commissioner Teresa Ribera does not believe in repealing regulations that have already been decided. The Spaniard said in a Bloomberg interview that she is against postponing the EU’s plan to phase out the combustion engine in new cars by 2035. Nevertheless, Europe’s car manufacturers must maintain their share of the global […]
According to an analysis by BloombergNEF, Europe could exceed its energy-related CO2 emissions cap for 2030 by nine percent. If other greenhouse gas emissions from other sectors are taken into account, the overshoot could be as high as 29% (702 million tons of CO2 equivalent) – that would mean only 42% lower emissions by 2030 […]
According to a BloombergNEF analysis, Europe could exceed its energy-related CO2 emissions cap for 2030 by nine percent. If greenhouse gas emissions from other sectors are taken into account, the overshoot could be as high as 29 percent (702 million tons of CO₂ equivalent) – instead of the targeted 55 percent reduction in emissions by […]
The European Union should present a climate target for 2055 with negative emissions. This is what climate researchers and emissions trading experts are calling for in a joint position paper led by Carbon Market Watch. It is true that the current EU climate target already includes the plan to be climate-neutral by 2050 and then […]
New laws for the automotive industry must be geared towards helping the ailing industrial sector back on its feet. This is what Austria, Bulgaria, the Czech Republic, Italy, Poland, Romania and Slovakia are demanding from the next EU Commission. In an open letter submitted to Table.Briefings, they write that the CO₂ fleet targets need to […]
International climate financing must increase to at least USD300 billion per year by 2035. Previously, 100 billion per year was considered a binding target. The industrialized countries in particular must provide these funds – from their budgets, via privately mobilized funds or multilateral development banks (MDBs). Developing countries can also contribute to this goal via […]
It took a walk-out by the island states (AOSIS) and the least developed countries (LDCs) to reach an agreement in Baku after all. Both left the negotiating room in protest on Saturday afternoon. The Azerbaijani COP29 presidency had left both groups of states out of the negotiations on the new climate finance target (NCQG) before […]
It is an important step on the way to international carbon markets: Rules and standards for trading emission reduction credits under Article 6 of the Paris Agreement have been agreed after nine years of intensive negotiations. The agreement was only possible because the European Union gave up a years-long blockade with which it wanted to […]