Page 40 - Pascal Canfin News Today

The political agreement, reached around 02.00 a.m., dedicates 37% of expenditure exclusively for the green transition. Under the deal, all investments under the recovery fund will have to respect the emission thresholds laid out in the EU’s green finance taxonomy. And 100% of expenditure will be subject to the “do no significant harm” principle defined in the taxonomy regulation, which will de facto exclude the vast majority of fossil fuels. That means fossil gas could receive funding fro...

UK students are set to lose access to the EU’s foreign exchange scheme, Erasmus+, in what will arguably be the biggest Brexit-perpetrated crime. Forget the economics of it, this is wrecking a whole generation’s prospects. There may yet be a Brexit deal before the end of the transition period, although it remains to be seen how significantly Emmanuel Macron’s COVID infection – and possible transmission to other leaders – will affect the negotiations. Cries of “fumée blanche” by ha...

The European Union’s future carbon border adjustment mechanism must mirror the EU’s own carbon market price and structure in order to be compatible with WTO rules, says Pascal Canfin. Pascal Canfin is a French MEP for the centrist Renew Europe group in the European Parliament, where he chairs the assembly’s environment committee (ENVI). He spoke to EURACTIV’s energy and environment editor, Frédéric Simon. (To read the original interview in French, click here). The European Commission ...

Macron: France proposes referendum on climate change laws The Connexion uses necessary cookies to help us provide you with a better user experience. By continuing to use this website, you accept our use of cookies. Accept Macron: France proposes referendum on climate change laws The President made the announcement before members of the Citizens Convention on climate, but his words have been met with criticism by Greenpeace and WWF 15 December 2020 President Macron was speaking at a meeting with...

President of the European Council Charles Michel, left, talks with the German Chancellor Angela Merkel, center, and the President of the European Commission Ursula von der Leyen at the end of the second day of an EU Summit on December 11, 2020, in Brussels, Belgium.  Thierry Monasse/Getty Images It might have taken 21 hours, but the European Union’s 27 member states have agreed to toughen targets for cutting greenhouse gas emissions by at least 55 percent from 1990 levels by 2030 — a vast ...

The European Parliament reached a provisional agreement with EU member states on Wednesday (9 December), which sees fossil fuels axed from the EU’s just transition fund but finding their way back into EU regional development funding until 2025. The decision came after tense negotiations – what one source described as a “rollercoaster” – which came to a head on two key issues: the inclusion of fossil gas and including climate conditionality in eligibility for funds. In March 2019, Parl...