The European Commission is considering counting international carbon credits towards its next climate target, a move that could weaken the CO2-cutting efforts it demands from domestic industries, sources familiar with the matter told Reuters. The idea is among options being …
Global carbon emissions are amplifying a North Atlantic wind pattern that drives northern Europe’s biggest winter storms, new research shows. According to projections from scientists at the UK’s Met Office and University of Exeter, in a scenario with very high …
French households, businesses and local authorities will face soaring costs for insurance if the country fails to adapt to a changing climate, the government said Monday. The cost of climate disasters may double in the 30 years through 2050, reaching …
The European Union is about to walk back significant chunks of planned ESG regulations, amid a barrage of complaints that such rules are becoming a dead weight hampering EU efforts to compete with the US and Asia. The European Commission, …
The European Commission is proposing a significant watering down of what was arguably its most consequential piece of ESG regulation. The European Union’s executive arm is proposing that the bloc amend eight main points in the scope of the Corporate …
Global warming is driving down wind speeds during European summers, putting additional stress on the region’s energy systems as soaring temperatures boost cooling demand, new research shows. That phenomenon — known as “stilling” — is driven by amplified warming of …
The European Commission will propose a new climate target this quarter, to slash Europe’s emissions by 2040, it said on Wednesday. A commission work program, published on Wednesday, confirmed the EU would amend its climate law this quarter – a …
The European Union is reviewing the extent to which companies can be held liable for environmental and human rights breaches in their supply chains, ahead of a package designed to remove red tape from the bloc’s ESG regulatory framework. The …
A group of investors representing €6.6 trillion ($6.8 trillion) of assets is calling on European officials not to cave in to mounting pressure to scale back the bloc’s ESG regulations. The planned reporting rules are essential to help asset managers …
Most of European Union surface water bodies are polluted by chemicals, the European Commission said on Tuesday, in a report that revealed the damaged state of Europe’s water resources. The European Union is drafting plans this year to tackle water …
