European Parliament in Strasbourg
EU climate laws advance
Rules governing how emissions will be cut in line with Paris Agreement goals have passed a key legislative hurdle
Significant parts of the EU’s ‘Fit for 55’ package—a set of measures to ensure the bloc reduces emissions by 55pc below 1990 levels by 2030—passed a major legislative hurdle yesterday. MEPs in the Committee on Environment, Public Health and Food Safety adopted proposals in four key areas—emissions trading system (ETS) reform, an earlier phase-in of a carbon border adjustment mechanism (CBAM), stricter targets for emissions not included in the EU ETS, and a new goal for EU carbon sinks. ETS ambition On the ETS, MEPs voted for an extension of the scheme to include maritime transport; a phasing-out of the free allowance regime for industry; the establishment of a new ETS for fuel distribution f
Also in this section
14 January 2025
Bioenergy will be a key part of the energy transition as the world decarbonises, and Brazil is set to be a major player in the sector
14 January 2025
The region has ample resources of both gas and renewable energy and developing both will be vital to the global effort to reduce emissions
13 January 2025
The region’s fast-growing economies stand at a pivotal juncture, with the opportunity to drive a sustainable growth strategy that will keep the world’s net-zero ambitions alive
10 January 2025
Global energy demand keeps rising, and digital technology will play a crucial role in both meeting that demand and doing so in a sustainable way
