EU CO2 rules boost farmers, annoy environment activists ...Middle East

BRUSSELS: The EU on agreed new rules for certifying carbon removals — including CO2 stored in farmland — creating potential new revenue streams for struggling farmers but alarming environmentalists. EU lawmakers and negotiators from the 27 member states struck a deal on a voluntary system intended to boost different types of carbon removal across the bloc — a key part of its strategy to become carbon neutral by 2050. European Parliament rapporteur Lidia Pereira said the legislation aimed to foster private investment and prevent “greenwashing” by bringing clarity to the nascent carbon capture and storage market. The new Carbon Removal Certification Framework (CRCF) covers a huge range of pr

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Last updated : 21 February 2024 clock 03:49 AM

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EU CO2 rules boost farmers, annoy environment activists ...Middle East

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