🌍🏛️ EU approves 90% emissions cut by 2040

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The European Parliament has approved a binding agreement to cut greenhouse gas emissions by 90% by 2040, with a vote of 413 in favor. The agreement allows for the use of international carbon credits and postpones the ETS2 system for buildings and transport by one year. Periodic assessments by the European Commission will enable potential revisions of the target, ensuring adaptability to changing circumstances. This decision is a key step towards the EU's goal of climate neutrality by 2050.

Key points

• The European Parliament approved a binding agreement to cut greenhouse gas emissions by 90% by 2040.
• The agreement includes flexibility measures, such as the use of international carbon credits and a one-year delay for the ETS2 system.
• The decision was made with 413 votes in favor, 226 against, and 12 abstentions.
• Periodic assessments by the European Commission will allow for potential revisions of the 2040 target.

Links

• Reuters: EU weighs overhaul of industry's free permits in carbon market reform
• ANSA: Via libera dall'Eurocamera all'intesa finale sul target climatico al 2040 - Ultima ora - Ansa.it
• Diário de Notícias: Parlamento Europeu confirma acordo para reduzir emissões em 90% até 2040

Facts

• The agreement was approved on February 10, 2026.
• 413 votes in favor, 226 against, and 12 abstentions were recorded.
• The ETS2 system for buildings and transport will now start in 2028.
• Up to 5% of emission reductions can come from international carbon credits starting in 2036.

Quotes

• The agreement allows for flexibility in how the 2040 target can be achieved — European Parliament statement.
• The Commission may propose amending the climate legislation based on periodic assessments — European Parliament statement.

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