T&E responded to the Commission’s consultation on the upcoming climate law. Two files were included as a response. The first one is a response to the consultation, while the second one goes into more detail into one of the issues.
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The first paper makes the following recommendations about the Climate Law:
1. Whole economy targets.
2. Net-zero vs. decarbonisation.
3. Intermediate targets and carbon budgets.
4. Protecting national targets in the Climate Action Regulation.
5. European Project Mechanism.
The second paper goes into more details on why the EU needs a European Project Mechanism and how it could potentially work.
Measures to keep ETS2 prices affordable
EU lawmakers vote in favour of a watered-down 2040 emissions reduction target of 85% and a a one-year delay to ETS2
EU government ministers have agreed on a watered-down 2040 emissions reduction target of 85%, inclusive of reliance on offsets