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Leaked push for deal on ‘green claims’ rules raises fears of double standards

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By illuminem briefings

· 1 min read

illuminem summarizes for you the essential news of the day. Read the full piece on Euronews or enjoy below:

🗞️ Driving the news: Leaked EU draft legislation on ‘green claims’ suggests companies may be allowed broad use of carbon offsetting to support climate-friendly claims, sparking fears of double standards

🔭 The context: The proposed Green Claims Directive aims to prevent greenwashing by regulating corporate environmental claims
• While the European Parliament supports using offsetting only for residual emissions, the draft suggests broader use of certified carbon credits, potentially leading to inconsistencies with existing product-specific regulations

🌍 Why it matters for the planet: Allowing extensive use of carbon credits could undermine genuine emission reduction efforts and EU climate commitments, risking reliance on offsetting rather than actual emission cuts

⏭️ What's next: The draft will be discussed by national delegates, with adoption expected by June 17 and negotiations with the newly elected European Parliament starting mid-September

💬 One quote: "Carbon offsetting doesn't magically erase emissions - it simply greenwashes them using an accounting trick," said Margaux Le Gallou, Environmental Coalition on Standards

📈 One stat: The compromise text includes a definition that a company’s total carbon footprint should encompass scope 1, 2, and 3 emissions, broadening accountability for indirect emissions

Click for more news covering the latest on carbon market

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