On Wednesday, the European Commission is expected to propose an EU climate target for 2040. The proposal will mark the first time that countries will be permitted to utilise carbon credits from ...

The EU on Wednesday unveiled its long-delayed target for cutting greenhouse gas emissions by 2040, but with contested new flexibilities built in to win over the most sceptical member states. After ...

Using international carbon credits in place of domestic action undermines climate efforts, the scientific advisory board says. BRUSSELS — The European Union’s top scientific advisers Monday blasted ...

Germany, France and Poland are in favor. BRUSSELS — The European Commission’s 2040 climate target is expected July 2 and will involve international carbon credit use, according to two diplomats. EU ...

With large parts of Europe gripped in a record-breaking heat wave, the European Commission has proposed that the bloc reduce its net greenhouse gas emissions 90% by 2040. That's in comparison to ...

BRUSSELS, July 8 (Reuters) - The far-right Patriots for Europe group will lead the European Parliament's work on the bloc's new climate target, European Union lawmakers said on Tuesday, a role that ...