MEPs adopted the reform of the EU’s Emissions Trading System including for aviation and maritime, the Carbon Border Adjustment Mechanism and a new Social Climate fund. On Tuesday, Parliament approved the deals reached with EU countries in late 2022 on several key pieces of legislation that are part of the “Fit for 55 in 2030 package”. […]
Cutting EU greenhouse gas emissions: targets 2030
The Effort Sharing Regulation sets national targets for cutting greenhouse gas emissions to help the EU reach net zero emissions by 2050. To help fight climate change, the EU has set ambitious targets to reduce its greenhouse gas emissions. The EU wants to reach climate neutrality by 2050 and this target, along with an interim target of […]