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EU agrees on new emissions targets before global climate summit in Brazil

EU climate deal includes carbon credit flexibility and delays.

EU ministers agreed to cut emissions 90% by 2040, but the deal includes major concessions that weaken its impact. Member states can now buy carbon credits abroad and delay a key carbon trading plan, prompting criticism from environmental groups. The agreement emerged after overnight negotiations and still requires approval from the European Parliament and Council. Officials defended the compromise as necessary amid rising geopolitical and economic pressures.

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https://apnews.com/article/climate-emissions-european-union-cop30-a1a911e28cb9aa658b5b1e9fddc91935