Let’s not waste time and money on risky, expensive technical fixes that don’t solve the problem

One of the key loopholes that needs to be fixed in the current proposal is the allowance for permanent carbon removals to offsetemissions. We advocate to separate reduction and removal targets. In practice, removal often refers to carbon capture and storage (CCS), a technology with a long track record of failed projects, cost overruns and underperformance. According to Oxford University, CSS is not just ineffective, it can be highly economically damaging.  Crucially, allowing companies to compensate emissions with future carbon removals risks locking in fossil fuel dependency at a time when we need to accelerate the transition to clean energy and circular industry.

Don’t leave room for creative carbon accounting, finance needs to flow where it is needed: real climate innovation in Europe

Another proposed flexibility is the use of international carbon offsets to meet Europe’s domestic climate goals. This goes against the advice of the European Scientific Advisory Board on Climate Change that stressed decarbonisation should and could happen within the EU in its own strategic interest. By relying on offsets, Europe risks delaying meaningful decarbonisation and missing a vital opportunity to modernise its economy, lead in clean tech, and reduce its dependence on fossil fuel imports.

Not allowing for the use of international carbon offsets in meeting Europe’s climate targets would create more clarity, stimulate more domestic investment in climate solutions, and reduce risks.

Citizens want bold and credible climate action

Europeans increasingly feel the effects of climate change – and want their leaders to act. The latest Eurobarometer shows that citizens care about the climate, feel the risk and want concrete and bold action. Also our own research in the Netherlands confirmed that people want emissions to be brought down faster, not postponed through accounting tricks.

The 2040 target proposal now moves to the European Parliament and national governments for them to form their positions and propose amendments. They have a chance to close loopholes, strengthen integrity and make sure this target drives real change across Europe. We urge them to do so guided by the voices of citizens, the urgency of the climate crisis, and the opportunity to build a cleaner, fairer, more resilient Europe. Let’s ensure the EU adopts a strong, credible 2040 climate target before COP30 in November. Join us in calling for a strong and clear emissions reduction target for 2040 that promotes real solutions at home, and for the future.