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The new head of the European Commission Ursula von der Leyen has unveiled details of her “Green Deal”. The plan envisages more ambitious climate targets, to be achieved by overhauling political instruments from emissions trading to exhaust limits. Not all Member States are on board, however.
Tar sands, LNG, deepwater drilling: new research shows that oil and gas companies are undermining international carbon targets with their investment decisions – and exposing themselves to serious financial risks in the process.
Carbon emissions from power generation in Europe fell by twelve percent in 2019 – the biggest reduction since 1990, as reported by the thinktanks Agora Energiewende and Sandbag.
Editor-in-Chief Jörg-Rainer Zimmermann on the current debate surrounding carbon emissions, the continuing failure of the European trading scheme to deliver a just price for carbon dioxide, and how the switch to auctions is putting the expansion goals for renewable energies at risk.