Why the EU is about to cripple its next climate target

Politico reports the results of a survey of 27 EU governments revealing broad resistance to a loophole-free 2040 climate target, pushing the Commission to consider flexible options like international carbon credits. François Gemenne, professor at HEC Paris Business School, criticizes this approach as “a sign of weakness,” saying the EU is “trying a bit pathetically” to meet its goals with shortcuts rather than leading a green industrial transformation.