On July 14th the European Commission published a new set of climate change proposals aimed at bringing the bloc closer to its 2030 goal to reduce emissions by 55% (from its 1990 levels) and eventually become completely climate neutral by 2050.
The far reaching proposals cover a number of areas, expanding on past commitments and also introducing a new carbon tariff on materials such as steel, aluminium, and concrete coming from abroad. Some changes include:
- Stricter emission limits on cars, with the aim to end all petrol and diesel vehicle sales by 2035
- A revision of the EU Emissions Trading System (EU ETS) to reduce greenhouse gas emissions from the power sector, industry, and flights, including a tax on aviation fuel
- More ambitious targets for expanding renewable energy, including a tax holiday for low-carbon alternatives
- New national targets for sectors outside emissions trading, such as transport, buildings and agriculture
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