00:02the european union is making an effort to cut emissions at home but 35 percent of its carbon
00:08footprint was generated abroad in 2023 more than one-fifth of global greenhouse gas emissions are
00:15now linked to global trade it creates a political problem for brussels which is heavily investing
00:21in the decarbonization of factories power plants and cars as the bloc still consumes goods whose
00:27production generates emissions abroad the eu-china relationship is not just about europe's
00:32dependence on chinese solar panels batteries electric vehicles machinery or critical raw materials
00:39it is also about the carbon embedded in the supply chains that support european consumption
00:45a new report suggests that cooperation with trading partners such as china could deliver the largest
00:51emissions reductions particularly through common product standards alternatively eu lawmakers should
00:57facilitate bringing production back to europe however the report stresses that reshoring is not
01:03automatically a climate win if european production is itself carbon intensive relocating factories could
01:09simply shift emissions geographically rather than eliminate them
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