On Wednesday, the EU committee presented new climate goals, including an EU-wide reduction in 90 percent emissions in 2040. This was “ambitious and feasible under the right framework,” said the Environment Minister of Austria Norbert Tettschnig (ÖVP).
However, it would need “scope” that takes the economy into account. Austria’s climate policy must strengthen competitiveness and “society to participate”. The fact that Mazen is not a good idea, says his predecessor Leonore Gewessler (Groenen). According to her, you need a “credible European law”. Some member states such as France would slow down at the climate goal.
“Climate neutrality is not an economic obstacle, but the decisive location advantage of the 21st century,” said the Austrian EU parliament member Anna Stürgkh (Neos). As expected, the FPö and representatives and representatives of the economy see it completely different. “(…) This goal has a price and we all pay: with loss of job, location weakness and exploding energy prices,” warned Paul Hammerl, deputy spokesperson for the FPö.
The EU strives for these climate goals:
Certificate trade is forced
“(…) Such a steep reduction path by 2040 entails significant risks – especially for energy -intensive industries that produce in Europe and are already under pressure.
The EU committee was obliged to propose a phone goal by 2040. From 2036, a maximum of three percent of the emissions of 1990 must be compensated by an international certificate trade. This instrument determines in advance how many greenhouse gases can be turned off in a period. This amount is then auctioned in the form of pollution rights to companies, so these figures for their greenhouse gas emissions. Anyone who causes more emissions than he needs to buy these certificates. In the future, certificates for “permanent recordings” of CO₂, for example in forests or marshes, can also be traded.
In Austria, 177 factories are currently subject to emissions trading, the largest dealers are Voltalpine, OMV and Vienna energy. In 2024, the income from the sale of certificates was 313.1 million euros that flowed in the climate and transforming funds (KTF).
Source: Krone
I am Ida Scott, a journalist and content author with a passion for uncovering the truth. I have been writing professionally for Today Times Live since 2020 and specialize in political news. My career began when I was just 17; I had already developed a knack for research and an eye for detail which made me stand out from my peers.
