New data revealed the EU is almost on track to meet its 2030 climate targets, with emissions reductions predicted to be around 54% by 2030. The bloc has committed to reach net zero by 2050, one of the most ambitious climate targets globally. The Financial Times covers the story.
Down under, Australia’s Energy Minister gave preliminary approval to extend the life of the country’s biggest and oldest LNG plant until 2070. The decision has raised questions about Australia’s commitment to climate goals as the plant is one of the nation’s biggest polluters. Bloomberg covers the story.
