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EU members propose allowing CO2 storage abroad to meet 2040 climate targets

( September 10, 2025, 05:00 GMT | Official Statement) -- MLex Summary: EU member states proposed adding the option to store CO2 outside the bloc to help achieve a 90-percent net emissions reduction by 2040, according to a draft document amending the European Commission’s proposal dated Tuesday. Members also retained the possibility of allowing international carbon credits to count toward the target but said the timing, level and conditions would require further political discussion. Denmark, which is chairing ministerial meetings, is expected to negotiate a final text ahead of the next Council of Environment Ministers on Sept. 18.Full document attached....

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