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🇪🇺 Europe will procure huge amounts of international credits - but what credits exactly?
🎯 A final agreement has been reached: 5% international credits (1990 levels) plus a potential additional 5% (2005 levels) at member state level. 📈 Starting as early as 2031, we are talking 100s of megatons, potentially more than a gigaton worth of credits (we are still thin on details). 📋 But what credits exactly? So far, all we have is reference to “high-quality” and a reference to the Paris Agreement. It will be up to the EU Commission to prepare an impact assessment and
Dec 16, 2025
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