
-
China, EU should not 'seek confrontation': FM Wang
-
'Big Comrade': Former defence chief takes reins as Thai PM
-
4 dead, 38 missing after ferry sinks on way to Indonesia's Bali
-
Thailand set for another acting PM after cabinet reshuffle
-
In US capital, Trump tariffs bite into restaurant profits
-
Sean Combs: music pioneer, entrepreneur -- and convicted felon
-
In California, fear of racial profiling grips Latino communities
-
Home-grown players delight Wimbledon fans on hunt for 'new Andy Murray'
-
Third-ever confirmed interstellar object blazing through Solar System
-
Joao Pedro arrival boosts Chelsea ahead of Palmeiras Club World Cup test
-
Lions start to roar in ominous Wallabies warning
-
Kellaway, Tupou headline Waratahs team to face Lions
-
Four All Blacks debutants to face France in first Test
-
Ukraine scrambling for clarity as US downplays halt to arms shipments
-
Peru clinic that leaked Shakira medical record given hefty fine
-
UK's Starmer backs finance minister after tears in parliament
-
Trump tax bill stalled by Republican rebellion in Congress
-
US stocks back at records as oil prices rally
-
Norway battle back to beat Swiss hosts in Euro 2025 opener
-
Netanyahu vows to uproot Hamas as ceasefire proposals are discussed
-
Tarvet won't turn pro yet, despite pushing Alcaraz at Wimbledon
-
Ukraine left scrambling after US says halting some arms shipments
-
India captain Gill's hundred repels England in second Test
-
Possible interstellar object spotted zooming through Solar System
-
Alcaraz ends Tarvet's Wimbledon adventure, Paolini crashes out
-
Why is there no life on Mars? Rover finds a clue
-
Former finalist Paolini stunned as Wimbledon seeds continue to fall
-
Tesla reports lower car sales, extending slump
-
Finland open Women's Euro 2025 with win over Iceland
-
India captain Gill hits another hundred against England in 2nd Test
-
Hamas mulls truce proposals after Trump Gaza ceasefire push
-
Alcaraz ends Tarvet's Wimbledon adventure, Sabalenka advances
-
Tears, prayers, exultation: Diddy radiates relief after partial acquittal
-
Ruthless Alcaraz ends Tarvet's Wimbledon fairytale
-
Bangladesh collapse in ODI series opener to hand Sri Lanka big win
-
Trump says Vietnam to face 20% tariff under 'great' deal
-
US senator urges bribery probe over Trump-Paramount settlement
-
Nazi-sympathising singer's huge gig to paralyse Zagreb
-
Germany swelters as European heatwave moves eastwards
-
Sabalenka tells troubled Zverev to talk to family about mental health issues
-
Hong Kong govt proposes limited recognition of same-sex couples' rights
-
Wall Street shrugs off drop US private sector jobs
-
Spain star Bonmati recovering well from meningitis, says coach Tome
-
Pogacar must 'battle' for Tour de France title says director
-
Tesla reports lower car sales but figures better than feared
-
Alcaraz aims to avoid Wimbledon giant-killing after Sabalenka wins
-
England captain Stokes makes Jaiswal breakthrough in second Test
-
Sean 'Diddy' Combs acquitted of sex trafficking, convicted on lesser charge
-
Sabalenka praying for no more Wimbledon upsets after battling win
-
Hamas says discussing proposals after Trump Gaza ceasefire push

EU unveils long-delayed 2040 climate target -- with wiggle room
The EU on Wednesday unveiled its long-delayed target for cutting greenhouse gas emissions by 2040, but with contested new flexibilities built in to win over the most sceptical member states.
After months of tough negotiations with EU states, Brussels announced it would stick to the objective announced last year of cutting emissions by 90 percent by 2040, compared to 1990 levels.
The proposal comes as much of Europe roasts in an early summer heatwave, which scientists say are becoming more intense, frequent and widespread due to human-induced climate change.
The 2040 target -- which needs the sign off from the European Union's member states and parliament -- is a key milestone towards the bloc's goal of becoming carbon neutral by 2050.
Brussels says the EU has cut climate-warming emissions by 37 percent relative to 1990 but its green agenda faces mounting pushback with a rightward shift and rising climate scepticism in many European countries.
EU climate chief Wopke Hoekstra acknowledged the "sensitive" debate, saying Brussels was keeping an "ambitious" goal while being "pragmatic and flexible on how to achieve it".
To sway resistant capitals, the European Commission proposes that from 2036, the bloc's 27 countries can count carbon credits purchased to finance projects outside Europe, for up to three percent of their emission cuts.
Climate groups are fiercely opposed to such a measure.
Backed by scientific studies and the commission's own science advisers, they say factoring in international credits -- for things like tree-planting or renewable-energy projects -- risks undermining the EU's own efforts to shift away from fossil fuels.
"Three percent is not insignificant. These are potentially considerable sums that will be spent abroad instead of financing the transition" in Europe, said Neil Makaroff, an expert at the climate-focused Strategic Perspectives think tank.
"But there's a political compromise to be found," he said. "The challenge will be for the EU to establish a standard so that these international credits truly help cut emissions and not leave individual states to their own devices."
- 'Don't strain ourselves' -
EU environment ministers will discuss the objective at a meeting in mid-July, ahead of an expected vote to approve the measures on September 18.
It will only become law after EU lawmakers also sign off on the target.
The commission's hope is that the 2040 objective will be approved before the UN climate conference (COP30) in November in the northern Brazilian city of Belem.
But that gives little time for negotiations with sceptical nations, with whom Hoekstra has already spent months trying to build a compromise.
For some states, including the Czech Republic, the 90-percent target is unrealistic.
Meanwhile, others including Italy and Hungary worry about the burden of decarbonising heavy industry at a time when Europe is working to strengthen its industry in the face of fierce competition from the United States and China.
Italian Prime Minister Giorgia Meloni has suggested a target of 80 or 85 percent, while France has expressed doubts over how the EU will reach its objective.
French President Emmanuel Macron wants guarantees for the decarbonisation of industry and support for nuclear energy, the largest source of power in France.
But the commission can count on the support of other countries including Spain and Denmark, which took over the rotating EU presidency this week.
And the three-percent "flexibility" -- which mirrors demands made in the new German government's coalition agreement -- should help keep the economic powerhouse on board.
When it comes to Europe's international commitments, Macron has also stressed that the bloc is only bound to present a midway target for 2035 at COP30 in Belem, and not the 2040 objective.
"Let's not strain ourselves," Macron told reporters last week. "If we have (a 2040 target) for Belem, great, but if it takes longer, let's take the time," he said.
R.Shaban--SF-PST