European Commission

The European Commission's proposal to cut emissions 90 per cent by 2040 contains loopholes, but it still promises to be transformational for the green economy

Campaigners welcome 'pivotal step towards addressing the climate crisis', but lament loopholes that would allow for the increased use of carbon credits to meet new targets

European Commission confirms plans to withdraw proposed EU Green Claims Directive amid concerns of placing 'undue burden' on small businesses

Plus the White House seeks to rollback EV and power plant emissions rules, New Zealand's net zero plan faces a legal challenge, and new investment in fusion energy and electric aircraft

DOE withdraws clean tech funding, as Meta inks 20-year nuclear deal and German asset manager divests from Exxon over emissions disclosures

Bloc's member states on course to deliver near-term climate and energy targets as it mulls setting sights on 90 per cent emissions cut by 2040

Survey of 1,000 EU firms finds 61 per cent of businesses are happy with Corporate Sustainability Reporting Directive in its current form

Plus EU Parliament and Council agree rules tackling microplastic pollution, Germany's likely coalition government agrees on climate platform, and Benin partners with VCMI to harness carbon credit revenues

The US renewables sector reaches a new milestone, China announces major new clean energy plans, and the EU proposes more flexibility for auto emissions targets

Businesses face fresh uncertainty as European Commission seeks to renegotiate raft of previously agreed corporate sustainability reporting and due diligence rules