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EU Aims for 90% Emission Cuts by 2040, Faces Criticism

11/6/2025

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Summary

Story summary

The European Council has set a goal to cut greenhouse gas emissions by 90% by 2040 to achieve climate neutrality by 2050.
Critics warn that up to 5% of these reductions may rely on foreign carbon offsets, potentially undermining the EU's commitment.
Former Italian Prime Minister Mario Draghi's report warns that the Corporate Sustainability Due Diligence Directive (CSDDD) could hinder investment and competitiveness in Europe.

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Story summary

The European Council has set a goal to cut greenhouse gas emissions by 90% by 2040 to achieve climate neutrality by 2050.
Critics warn that up to 5% of these reductions may rely on foreign carbon offsets, potentially undermining the EU's commitment.
Former Italian Prime Minister Mario Draghi's report warns that the Corporate Sustainability Due Diligence Directive (CSDDD) could hinder investment and competitiveness in Europe.