EU Lawmakers Approve 90% Emissions Reduction Target by 2040
The European Union has established a legally binding climate target to reduce net greenhouse gas emissions by 90% compared to 1990 levels by 2040. This ambitious goal, agreed upon in December 2025, represents a significant step toward EU climate neutrality by 2050 and includes provisions for up to 5% of reductions to come from international carbon credits.
Daily Memos
Errors and Inconsistencies in European Emission Data
European Union emission databases contain significant inconsistencies, including unit conversion errors causing emissions to appear a thousand times lower than actual values, unexplained data gaps, and conflicting CO₂ emissions between the Industrial Emissions Portal and the Emission Trading System registry, with limited explanations from authorities or companies.
5th Industrial Carbon Management Forum
The 5th ICM Forum convenes in Athens, Greece on December 8-9, 2025, as a hybrid event bringing together over 500 stakeholders from industry, government, NGOs, and academia to advance Europe's industrial carbon management strategy. Key discussions will focus on CO2 transport networks, cross-border infrastructure, and implementation of the Net-Zero Industry Act and Carbon Removals and Carbon Farming Regulation. The forum serves as a critical platform for shaping European decarbonization policy and accelerating carbon capture and storage deployment.
EU Commits €5.2 Billion to Net-Zero Technologies, Hydrogen, and Industrial Decarbonization
The European Commission has launched €5.2 billion in new Innovation Fund calls to accelerate Europe's industrial decarbonization, including support for net-zero technologies, hydrogen production, and industrial process heat decarbonization through funding from EU Emissions Trading System revenues.
EU Green Week 2025: Collective Action for Sustainable Future
The EU Green Week 2025 focused on accelerating the green transition through energy innovation, community action, and supply chain decarbonization.
EU Climate Advisory Board's 2040 Emissions Reduction Recommendation
The EU's climate Advisory Board recommends a 90-95% net domestic greenhouse gas emissions reduction by 2040 to ensure security and competitiveness. This target aligns with scientific evidence and supports Europe's path to climate neutrality by 2050. The Board advises against international carbon credits to maintain domestic investment integrity.
European Sustainable Energy Week 2025
The European Sustainable Energy Week 2025 (10-12 June) united policymakers and clean energy stakeholders in Brussels and online to shape Europe's sustainable energy future. The event highlighted EU initiatives like REPowerEU and the revised Renewable Energy Directive targeting 42.5% renewables by 2030. Discussions centered on securing affordable energy, diversifying supplies, and accelerating decarbonization efforts.