January 29, 2025 16:07 GMT
EMISSIONS: EU to Streamline Rules Without Weakening Climate Goals: EC
EMISSIONS
The EC’s push to simplify regulations will not compromise the EU’s climate goals, President Ursula von der Leyen said, cited by Reuters. Reaffirming the bloc’s commitment to cutting emissions by 55% by 2030 and reaching net zero by 2050.
- The Commission will unveil new proposals next month, focusing on reducing bureaucracy in sustainability reporting, due diligence, and green investment classification.
- Brussels is also considering adjustments to its carbon border tariff as part of its regulatory simplification efforts.
- Some EU nations and lawmakers advocate for delays in climate measures, including Poland’s opposition to an expanded carbon market and Italy’s resistance to the 2035 combustion engine phase-out.
- Additionally, the commission released a plan to enhance EU industry competitiveness, aiming to counter U.S. President Donald Trump’s deregulatory policies.
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