{"id":138033,"date":"2025-03-05T07:55:43","date_gmt":"2025-03-05T05:55:43","guid":{"rendered":"https:\/\/tietopankki.crnet.fi\/fi\/news\/missing-eu-climate-targets-could-leave-ireland-facing-a-e26-billion-bill\/"},"modified":"2025-03-05T07:55:43","modified_gmt":"2025-03-05T05:55:43","slug":"missing-eu-climate-targets-could-leave-ireland-facing-a-e26-billion-bill","status":"publish","type":"post","link":"https:\/\/tietopankki.crnet.fi\/en\/news\/missing-eu-climate-targets-could-leave-ireland-facing-a-e26-billion-bill\/","title":{"rendered":"Missing EU climate targets could leave Ireland facing a \u20ac26 billion bill"},"content":{"rendered":"<div class=\"mp_wrapper\">\n  <div class=\"mepr-unauthorized-message\">\n    <p>You are unauthorized to view this page.<\/p>\n  <\/div>\n  <div class=\"mepr-login-form-wrap\">\n            \n<div class=\"mp_wrapper mp_login_form\">\n                  <!-- mp-login-form-start -->     <form name=\"mepr_loginform\" id=\"mepr_loginform\" class=\"mepr-form\" action=\"https:\/\/tietopankki.crnet.fi\/en\/login-2\/\" method=\"post\" data-trp-original-action=\"https:\/\/tietopankki.crnet.fi\/en\/login-2\/\">\n            <div class=\"mp-form-row mepr_username\">\n        <div class=\"mp-form-label\">\n                              <label for=\"user_login\">Username<\/label>\n        <\/div>\n        <input type=\"text\" name=\"log\" id=\"user_login\" value=\"\" \/>\n      <\/div>\n      <div class=\"mp-form-row mepr_password\">\n        <div class=\"mp-form-label\">\n          <label for=\"user_pass\">Password<\/label>\n          <div class=\"mp-hide-pw\">\n            <input type=\"password\" name=\"pwd\" id=\"user_pass\" value=\"\" \/>\n            <button type=\"button\" class=\"button mp-hide-pw hide-if-no-js\" data-toggle=\"0\" aria-label=\"Show password\">\n              <span class=\"dashicons dashicons-visibility\" aria-hidden=\"true\"><\/span>\n            <\/button>\n          <\/div>\n        <\/div>\n      <\/div>\n            <div>\n        <label><input name=\"rememberme\" type=\"checkbox\" id=\"rememberme\" value=\"forever\" \/> Remember Me<\/label>\n      <\/div>\n      <div class=\"mp-spacer\">&nbsp;<\/div>\n      <div class=\"submit\">\n        <input type=\"submit\" name=\"wp-submit\" id=\"wp-submit\" class=\"button-primary mepr-share-button\" value=\"Log In\" \/>\n        <input type=\"hidden\" name=\"redirect_to\" value=\"\/en\/wp-json\/wp\/v2\/posts\/138033\" \/>\n        <input type=\"hidden\" name=\"mepr_process_login_form\" value=\"true\" \/>\n        <input type=\"hidden\" name=\"mepr_is_login_page\" value=\"false\" \/>\n      <\/div>\n    <input type=\"hidden\" name=\"trp-form-language\" value=\"en\"\/><\/form>\n    <div class=\"mp-spacer\">&nbsp;<\/div>\n    <div class=\"mepr-login-actions\">\n        <a\n          href=\"https:\/\/tietopankki.crnet.fi\/en\/login-2\/?action=forgot_password\"\n          title=\"Click here to reset your password\"\n        >\n          Forgot Password        <\/a>\n    <\/div>\n\n      \n    <!-- mp-login-form-end --> \n  <\/div>\n      <\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<div class=\"smart_content_wrapper\">\n<p>Ireland could face a \u201cstaggering\u201d bill of between \u20ac8 billion and \u20ac26 billion to other EU member states if it doesn\u2019t act now to reduce emissions. This stark warning about the cost of missing its goals comes via a joint report from the Irish Fiscal Advisory Council (IFAC) and Climate Change Advisory Council (CCAC). It says the country\u2019s government needs to \u201cact now\u201d or it could be in line to pay significant compliance costs further down the line. Plans to cut emissions that have yet to be enacted could reduce the potential costs by between \u20ac3 billion to \u20ac12 billion.<\/p>\n<p>Member states have to meet climate targets for five key sectors: road transport, buildings, small industry, waste, and agriculture. Each goal is adjusted based on a country\u2019s GDP, with wealthier nations having stricter requirements.<\/p>\n<p>Countries that underperform will have to buy \u2018emissions allocations\u2019 \u2013 essentially carbon credits \u2013 from those that are overperforming in order to bridge the gap. But the price of these allocations depends on the extent to which other EU member states achieve or overachieve on their targets. A report from Transport &amp; Environment (T&amp;E) last year warned that, with so many countries set to miss their goals, the scarcity of allocations could lead to a bidding war in 2030.<\/p>\n<p>Source: <a rel=\"noopener\" href=\"https:\/\/www.euronews.com\/green\/2025\/03\/04\/missing-eu-climate-targets-could-leave-ireland-facing-a-26-billion-bill\">Euronews<\/a><\/p>\n<\/div>\n<p>The post <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\/environmental-news-en\/missing-eu-climate-targets-could-leave-ireland-facing-a-e26-billion-bill\/\">Missing EU climate targets could leave Ireland facing a \u20ac26 billion bill<\/a> appeared first on <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\">Vastuullisuusuutiset.fi<\/a>.<\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22],"tags":[9072,575,274,3345],"class_list":["post-138033","post","type-post","status-publish","format-standard","hentry","category-news","tag-climate-target","tag-environmental-news-en","tag-eu","tag-ireland"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/posts\/138033","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/comments?post=138033"}],"version-history":[{"count":0,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/posts\/138033\/revisions"}],"wp:attachment":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/media?parent=138033"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/categories?post=138033"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/tags?post=138033"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}