In brief | 20 October ‘25
Bloomberg: EU nations to push for delay to controversial new carbon market
The group will request a delay to the ETS2 market (designed to cut emissions from buildings and road transportation) to 2030, citing concerns that the 2027 launch risks triggering social, economic and political disruptions, particularly in member states with higher exposure to energy poverty.
European Council: Council agrees its position on rules to phase out Russian gas imports
The proposed regulation introduces a legally binding, stepwise prohibition on both pipeline gas and liquefied natural gas (LNG) imports from Russia, with a full ban to apply from 1 January 2028
Reuters: Holcim agrees 1.85 billion euro deal to buy walling specialist Xella
CEO Miljan Gutovic said the deal was part of Holcim's strategy to focus on sustainable construction.
Politico: Trump sinks global shipping climate tax
A US diplomatic broadside personally led by president Donald Trump derailed a historic effort to tax climate pollution from shipping.
Reuters: UN weather agency urges action to close gaps in disaster warning systems
The World Meteorological Organization urged action to close gaps in a global system of surveillance meant to protect people from extreme weather, saying that such early warnings were particularly needed in developing countries.