Including fossil fuels in the Social Climate Fund will lock the most vulnerable into expensive and dirty fossil fuels for many years to come.
A coalition of 35 NGOs – including WWF, CAN Europe and T&E – are alarmed by the failure of EU negotiators to exclude fossil fuels from financial support under the Social Climate Fund (SCF). Without an exclusion, the SCF could lock households and transport users in the most vulnerable situations into dependency on expensive and polluting fossil fuels, instead of investing in the insulation and clean technologies that would help them benefit from the transition to climate neutrality.
The European Commission’s decision to allow offsets to meet its 90% emissions reduction target by 2040 will severely weaken Europe’s climate efforts, ...
Reinvestment in green infrastructure and targeted redistribution of revenues will help low- and middle-income households to adjust to the EU’s new ETS...
ETS2 is a €300 billion opportunity to liberate Europeans of expensive oil imports and reduce pollution from vehicles. The social concerns are real but...