Policy

EU's carbon emission market needs global support

EU lawmakers enforce strict measures against environmental crimes

Environmental protection is a critical issue globally as the world continues to face the adverse effects of climate change. The European Union (EU) has been at the forefront of promoting sustainable development and protecting the environment. To achieve this, EU lawmakers have proposed a draft law aimed at combating environmental crimes. The proposed law, introduced …

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CO2-emitting cars

EU drafts plan to allow e-fuel combustion engine cars: What it means and what’s next?

In an attempt to resolve a dispute with Germany over the EU’s phasing out of combustion engine cars from 2035, the European Commission has drafted a plan allowing sales of new cars with internal combustion engines that run solely on climate-neutral e-fuel. According to a draft proposal seen by Reuters on Tuesday, a new type …

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Oceans biodiversity saved: U.N. High Seas Biodiversity Pact made

Nations finally agree on a U.N. High Seas Biodiversity Pact to protect oceans

After 15 years of discussions, negotiators from over 100 countries have finally reached an agreement on a U.N. treaty to protect the oceans. The legally binding pact aims to conserve and ensure the sustainable use of ocean biodiversity, which is under threat from pollution, acidification, and overfishing. The treaty is a crucial step in achieving …

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Euro 7 standard is waste of time and money, Stellantis boss says

Stellantis: New European auto emissions Euro 7 standards sucks

Carlos Tavares, the CEO of Stellantis, referred to the portion of the so-called Euro 7 standards that tightens vehicle emission rules starting in 2025 for pollutants including nitrogen oxides and carbon monoxide as “useless” on Wednesday. The CEO stated that the portion of the legislation regarding emissions was likewise ineffective while outlining the automaker’s results …

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The first global sustainability guidelines set

The G20-backed standards board sets the first global company sustainability guidelines

Following efforts to end “greenwashing” in a crucial year for climate reporting, the G20-backed International Sustainability Standards Board on Thursday agreed first company sustainability baseline guidelines for companies describing how climate change affects their business. The standards are anticipated to be put into use in annual reports beginning in 2024, subject to “balloting,” or standard …

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EU to reconsider its green investment label for aviation

Environmentalists call on the EU to reconsider its green investment label for aviation

The environmental advocacy organization Transport & Environment urged the European Union to reconsider proposals to identify some aviation investments as green. They warned that green investment label runs the risk of “greenwashing” thousands of CO2-emitting aircraft. The EU’s “taxonomy” list of investments that promote climate change is currently up for debate by the European Commission. …

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