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Commentary: EU's 2030 climate target translates into 52-54% gross emission reductions, excluding CO2 absorption by land sink; 2040 climate target design should separate carbon removals from emissions reductions to alleviate risk of mitigation deterrence

Asian Development Bank: EU's plan to impose tariffs on high-carbon imports may impact developing nations in Asia, but will do little to cut GHG emissions; move could prompt EU manufacturers to offshore production, leading to new carbon leakage issues

ExxonMobil CEO discusses what company is doing to reach net zero by 2030; that includes cutting methane emissions, starting carbon capture and storage business, building biofuels plant in Canada, providing products for third parties to cut their emissions

Covestro publishes climate neutrality targets for scope 3 emissions, aiming to reduce GHG emissions by 10 million tonnes by 2035; company aims to climate-neutral in terms of scope 3 emissions by 2050

New Zealand Forest Owners Association welcomes review of Emissions Trading Scheme fees, signaling relief for foresters, who saw over US$30M in overheads in 2023; independent review of capital and administrative costs to begin in March

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