EU climate target: How the Commission will help exporters with CBAM
EU Competition Commissioner Teresa Ribera and EU Climate Action Commissioner Wopke Hoekstra present the proposal for the EU climate target for 2040. (European Union, 2025)
The new EU climate target of a 90 percent reduction in emissions by 2040 is ambitious, but according to voices in Brussels, it is more flexible than before. The industry will receive aid for exports and also wants to use foreign credits in the ETS.
