Topic

EU considers revising carbon costs

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At a European industrial summit this week, the European Commission said it would consider revising the EU carbon-costs system after heavy industries urged discounts, citing competitiveness concerns.

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Europe's huge chemicals sector is campaigning to weaken the EU's most important climate policy.

And Brussels is listening.
European chemical giants plot to weaken EU’s flagship climate policy
The ultra-polluting sector says the EU’s carbon price is putting it out of business.
www.politico.eu
February 11, 2026 at 10:08 AM

Reposted by John Fasullo

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2) “There may come a time when the people elected to enact laws decide the modest benefits of regulating greenhouse gases outweigh the considerable economic costs.”

Wrong. Benefit cost analyses regularly show the benefits of reducing GHGs vastly outweigh the costs.
February 11, 2026 at 3:24 AM
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Reposted by Lars P. Feld

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"There may come a time when the people elected to enact laws decide the modest benefits of regulating greenhouse gases outweigh the considerable economic costs." What a shocking thing to write. The Post is unrecognizable now. www.washingtonpost.com/opinions/202...
Opinion | EPA is right to reverse Obama overreach
If the federal government wants to more heavily regulate greenhouse gas emissions, Congress needs to pass a new law.
www.washingtonpost.com
February 11, 2026 at 3:23 AM

Reposted by Jussi T. Eronen

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Government action on climate adaptation is accelerating.

Our new research, funded by the @zcralliance.bsky.social, shows that 75% of adaptation‑relevant laws and policies have been adopted since the Paris Agreement in 2015, and almost half since 2020.
Climate change adaptation laws and policies: a review of trends, gaps and opportunities in 35 countries - Grantham Research Institute on climate change and the environment
This report expands the knowledge base on adaptation-relevant laws and policies by identifying and analysing 902 of these laws and policies over time across 35 countries representing diverse regions, ...
www.lse.ac.uk
February 11, 2026 at 10:41 AM