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Europe News
'Europe should evolve its carbon market, not dilute it,' investors say
A group of investors managing €11.4 trillion in funds are advocating for complementary industrial policies such as grids, electrification and clean tech financing, reflecting a broader shift in European climate policy from setting targets toward managing industrial transformation.
Europe News
Nine EU countries rebel against EU's green targets for corporate cars
While stopping short of opposing fleet decarbonisation itself, the member states argue that Brussels should resist the tendency to regulate and instead construct more incentives for large companies to invest in zero or low-emission cars and vans.
Europe News
Four EU countries push Brussels to ease carbon costs on industry
Estonia, France, Germany and Spain support the Emissions Trading System, the EU’s major climate policy tool, but want clearer, simpler and possibly more flexible rules to protect industrial competitiveness, according to a document seen by Euronews.
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Europe News
Brussels faces backlash over carbon trading system as costs soar
Several EU countries argue that planned cuts to free emissions allowances under the EU Emissions Trading System are too severe and do not reflect the technological limits faced by sectors such as steel, cement, chemicals and aluminium.
Europe News
Brussels mulls scrapping methane fines amid energy crisis - leak
The draft text, circulated to EU member states, says penalties should not jeopardise gas or oil supplies during periods of market stress or crisis — a move likely to be seen as a concession to mounting pressure from industry and international partners.
Europe News
Brussels calls on EU countries to get tough on net-zero shipping goals
The high-level talks come after a disastrous meeting in October, when a proposal to tax shipping emissions was blocked by the United States. Within the EU, Greece, Italy and Malta remain hesitant to support the proposal.
Europe Today
Watch: Open revolt against ETS - what the EU should do now?
Spring is coming to Brussels, but all your reporter hears when he goes outside are three letters: ETS. That is because ten EU countries are in open revolt against the bloc's flagship climate policy. But hold on: what actually is the ETS, and why is there such a massive backlash against it?