The Brussels Times: The EU’s latest climate plan is bold, but it still faces huge hurdles
There was a feeling of déjà vu as the Commission unveiled its enormous climate and energy package on July 14. The ink on the previous 2030-agreement had barely dried as the Commissioners presented another set of regulations for 2030. But this one named ‘Fit for 55’, goes much, much further.
What does the new package say? Coming after the EU pledge to cut greenhouse gas emission reductions by 55% by 2030 and reach climate neutrality by 2050, it aims to turn these commitments into a reality. It builds on the earlier EU climate policy framework and tightens the screws horizontally across the climate and energy policy field. That means, for example, strengthening the EU Emission Trading Scheme (ETS), the National Effort Sharing targets, the targets for renewables, and the emission standards for cars and vans.
by Tatu Liimatainen