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EU Plans 2040 Climate Target but Admits Industries Like Shipping Need Protection

Summary by Baird Maritime
EU leaders plan to agree for the bloc to set a new “climate change” target for 2040, but demand the EU does more to support industries like steel and shipping to meet it
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European Union leaders plan to approve a new climate target for 2040, proposed by the European Commission (EC) in early July. However, they are demanding more support for sectors such as steel and automotive to achieve it, according to draft conclusions of the upcoming summit in Brussels. TASR reports this based on a report by Reuters.

·Bratislava Region, Slovakia
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Baird Maritime broke the news in on Tuesday, October 14, 2025.
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