An end to EU green illusions

EU industry and politicians are pushing back against the bloc’s green agenda. Meanwhile, Brussels’ transatlantic trade deal with Washington could consolidate US energy dominance

The European Commission proposed an amendment to the EU Climate Law on 2 July, setting a legally binding target to cut net greenhouse gas emissions by 90% by 2040, compared with 1990 levels. The draft law includes limited flexibility—allowing up to 3% of the target to be met through international carbon credits and permanent carbon removals—acknowledging both technological constraints and economic realities. The proposal is now under review by the European Parliament and Council, with the aim of formalising the EU’s updated nationally determined contribution (NDC) ahead of COP30 in November. However, on 8 July, the far-right Patriots for Europe (PfE) group unexpectedly secured the rapporteur