Under pressure, EU to take axe to green rules
Trending News
1 month ago

Under pressure, EU to take axe to green rules

Raw Story  

by Raziye Akkoc and Camille Camdessus The EU is expected to roll back a slew of environmental rules on Wednesday as it charges ahead with a deregulation drive in a bid to keep up with the United States and China. - Clipping green rules - Two major texts are in the EU's firing line: the Corporate Sustainability Reporting Directive, which requires large firms to give investors and other "stakeholders" information on their climate impacts and emissions, and steps taken to limit them. The other is the Corporate Sustainability Due Diligence Directive -- passed last year -- which demands large companies fix the "adverse human rights and environmental impacts" of their supply chains worldwide. In a draft document, the EU says companies must report on supply chains every five years rather than annually, which will "significantly reduce burdens". In sync with the move to cut red tape, the EU will Wednesday present its "Clean Industrial Deal" -- a mix of measures for a stronger green tech sector -- as well as steps to lower energy prices.

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History of this topic

EU to roll back environmental regulations in bid to compete with US and China
1 month ago

EU to roll back environmental regulations in bid to compete with US and China

Firstpost  

The European Union’s focus has shifted to competitivity amid fears about slowing economic development, a notable departure from EU leader Ursula von der Leyen’s first term, which concentrated on combating climate change The EU is poised to roll back a series of environmental standards on Wednesday as part of its deregulation drive to stay up with the United States and …

Europe is looking to roll back climate accounting rules
1 month, 3 weeks ago

Europe is looking to roll back climate accounting rules

Live Mint  

The European Commission is reviewing elements of its flagship Green Deal environmental policy, as worries over rising costs and a lack of competitiveness with China and the U.S. grow within the continent. To address concerns about companies’ regulatory burden, the EU plans to release a proposal later this month that is expected to pare back reporting requirements in some of …

EU pushes back deforestation law by a year after outcry from global producers
3 months, 3 weeks ago

EU pushes back deforestation law by a year after outcry from global producers

Associated Press  

BRUSSELS — The European Union agreed to delay by a year the introduction of new rules to ban the sale of products that lead to massive deforestation, caving in to demands from several producer nations from across the globe and domestic opposition within the 27-nation bloc. Officials said Wednesday that the EU member states, the EU parliament and the executive …

EU delays deforestation ban but discards changes
3 months, 3 weeks ago

EU delays deforestation ban but discards changes

The Hindu  

Negotiators for EU institutions agreed a compromise on Tuesday on a ban on the import of commodities linked to deforestation, which will be delayed by a year but without changes proposed by EU lawmakers. The European Commission in October proposed a 12-month delay until December 30, 2025 after complaints from 20 EU countries, some companies and countries such as Brazil …

EU parliament votes to delay and dilute anti-deforestation rules
4 months, 2 weeks ago

EU parliament votes to delay and dilute anti-deforestation rules

Dutch News  

In the first vote on environmental matters of its new term, the European parliament agreed on Thursday to delay and water down new rules aiming to ensure that products sold in the European market do not come from deforested land. These include the controversial creation of a new category of countries posing “no risk” on deforestation in addition to the …

Important EU environment laws will not expire, says farming minister
2 years, 1 month ago

Important EU environment laws will not expire, says farming minister

The Independent  

Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. But there’s also there is an opportunity to tweak some of this stuff, and to improve it.” Asked how …

A New EU Rule Can Expose Greenwashers
2 years, 3 months ago

A New EU Rule Can Expose Greenwashers

Wired  

In 2023, all companies listed on regulated markets in the European Union will begin applying the Corporate Sustainability Reporting Directive, a new rule that will require them to publish, from 2024, detailed information about how they relate to the environment, the treatment of employees, human rights, anti-corruption, bribery, and boardroom diversity. It’s a welcome step toward improving the functioning of …

EU unveils tough climate rules to stop ‘wars over water and food’
3 years, 8 months ago

EU unveils tough climate rules to stop ‘wars over water and food’

Al Jazeera  

The European Union unveiled sweeping new legislation to cut greenhouse gas emissions by 55 percent this decade, aiming to turn green goals into concrete action and set an example for the world’s other big economies to follow. “The infernos and hurricanes we have seen over the last few weeks are only a very small window into what our future could …

EU states block proposed green finance rules
5 years, 3 months ago

EU states block proposed green finance rules

Al Jazeera  

The new rules would have clarified what financial products could be labelled as ‘green’. In a major setback for the European Union‘s climate ambitions, EU member states have blocked a set of new rules governing which financial products can be labelled as “green” and “sustainable”, EU officials said on Wednesday. The decision halted a deal struck just last week by …

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