• Lawmakers inch towards fixing the broken carbon market
  • The bulk of the work left to the environment committee

Members of the European Parliament’s industry committee (ITRE) today put forward compromise amendments concerning new legislation for the EU Emissions Trading Scheme (ETS). The draft compromise will be subject to the committee’s vote on 13 October.

The EU’s decision to fast-track the ratification of the Paris Agreement without all Members States having formally joined has helped ensure its early entry into force. Climate Action Network (CAN) Europe welcome this historic achievement by the global community, and urges EU leaders to immediately turn their attention to the necessary steps that now need to be taken to live up to the objectives of the agreement.

Getting it straight: EU ratification of the Paris Agreement.

Today, CAN Europe organised an online press briefing ahead of the Extraordinary Environment Council which takes place 30 September in Brussels.

Environment Ministers of all EU member states have today agreed to ratify the Paris Agreement through a process which allows the EU to deposit its instrument before the EU countries approve it separately. Climate Action Network (CAN) Europe welcomes this exceptional move and calls upon the EU to show the same commitment to increase its climate action in line with the goals of the Paris Agreement.

Cash that should be flowing into projects that boost environmental sustainability is instead fuelling outdated carbon-intensive projects like motorways, airports, and fossil-fuel infrastructure, according to a new report on Europe’s investment plan released today [1].

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