Over the past few weeks, governments have announced cuts of billions of euros that will affect millions of Europeans. But stepping up the EU's climate ambition could be a green way out of Europe's economic blues.
Green NGOs argue that with stronger climate targets, European governments could create hundreds of thousands of new green jobs, as supported by a recent European Commission report. Instead of wasting cash on foreign oil and gas, EU countries could save up to 40 billion by boosting renewables. Savings in pollution control and health costs would be worth between 6.5 billion and 11.5 billion.
European cities and civil society groups have warned that accepting lower US car standards will see more dangerous vehicles flood into Europe
Vote to adopt the Net-Zero Framework postponed for one year
US, UAE, Saudi Arabia and other oil producing countries are pressuring EU to abandon its green shipping measures in return for weaker global deal