Investing.com -- The European Union (EU) is planning to provide more flexibility in achieving its emissions-reduction target for the next decade, starting from July, according to a Bloomberg reported on Thursday.
The European Commission, which is the executive branch of the EU, has informed member states that it may introduce a measure to establish an interim climate goal for 2040, the report said, citing diplomats.
According to the report, options currently under consideration include the possibility of accepting some international carbon credits and removing specific targets for different sectors.
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