Back to today’s briefing

Story perspectives

EU Carbon Tax Exemptions and Major Climate Investments Unveiled

2/7/2025

23 4

Summary

Story summary

The EU's bold move to exempt 80% of importers from its carbon border tax could impact a staggering 97% of emissions. Meanwhile, Jeff Bezos's Earth Fund has pulled its support for the SBTi, raising alarms about climate action setbacks. In a positive twist, Google is pouring $100M into carbon removal initiatives, and Octopus Energy is launching a £25 investment platform to fuel green projects.

1 of 1

Story summary

The EU's bold move to exempt 80% of importers from its carbon border tax could impact a staggering 97% of emissions. Meanwhile, Jeff Bezos's Earth Fund has pulled its support for the SBTi, raising alarms about climate action setbacks. In a positive twist, Google is pouring $100M into carbon removal initiatives, and Octopus Energy is launching a £25 investment platform to fuel green projects.