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EU Carbon-Removal Rules Threaten the Region’s Climate Targets

Bloomberg.com · last updated

The European Union’s progress toward its climate targets risks being impaired by its latest guidance on carbon-removal credits, according to German research nonprofit Oeko-Institut.

The bloc plans to use the units, generated by projects such as sequestering CO2 by planting trees, to help meet its 2050 net zero emissions goal under the Paris climate agreement.