Global green
Funding will come from revenues generated by the EU Emissions Trading System (EU ETS)
Amid geopolitical and energy instability, striking a balance between maintaining competitiveness and meeting climate goals is becoming increasingly difficult for the EU
Despite significant progress in expanding renewable energy capacity, the world remains far from achieving its climate goals
EU officials and industry leaders are actively seeking alternatives to Russian energy sources
It is estimated that average emissions will exceed their total annual emissions cap by approximately 60–100 million metric tons of CO₂ equivalent by 2030
The proposed system creates significant obstacles for global supply chains
China remains the undisputed leader in terms of the actual volume of pollution it produces
The EU executive has not yet commented on this appeal
Public discussion of the government's proposals will continue until June 8
Europe is shifting from assessing the impact of individual harmful substances to monitoring based on the cumulative effect of the compounds present
Brussels aims to support both decarbonization and the competitiveness of European industry
In some regions, particularly near the Great Pacific Garbage Patch, its impact is greater than that of black carbon