Climate change: MEPs push for accelerated EU action and energy independence | Atualidade

On Tuesday, the Committee on Environment, Public Health and Food Safety adopted five reports from the “Fit Packages for 55 by 2030”. It is the EU’s plan to reduce greenhouse gas emissions by at least 55% by 2030 compared to 1990 levels and to have net zero greenhouse gas (GHG) emissions (climate neutrality) by 2050 in accordance with European Climate Law.

The package adopted today is an important step towards the EU’s goal of becoming independent of Russia’s expensive and polluting fossil fuels well before 2030.

Emission Trading System Reform

Members of the European Parliament want to incentivize industry to further reduce their emissions and invest in low-carbon technologies. The Emissions Trading System (ETS) must be reformed, including:

  • New ETS II for building and road transport – residents excluded before 2029
  • Free benefits will be removed from 2026 and lost in 2030
  • Bonus-malus system will be introduced from 2025
  • Revenue to be used exclusively for climate action in the EU and member states.

For details, see separate press release. The European Parliament has also adopted a report on the revision of the ETS related to aviation.

Higher ambitions in new carbon leakage instrument

Members of the European Parliament are calling for wider coverage and faster implementation of the EU Carbon Border Adjustment Mechanism (CBAM) to prevent carbon leakage and increase global climate ambitions, including:

  • Early phasing in CBAM and ending free benefits in EU ETS by 2030
  • Coverage to be expanded to include organic chemicals, plastics, hydrogen and ammonia as well as indirect emissions
  • EU budget to support least developed countries through an amount equivalent to the amount collected through CBAM
  • The need for a centralized EU CBAM authority.

For details, see separate press release.

Stricter rules for member countries’ greenhouse gas emissions in other sectors

The European Parliament also amended the EU’s share of effort law, which covers GHG emissions in sectors not included in the ETS, which represent about 60% of EU emissions. For the first time, all EU member states have to reduce their greenhouse gas emissions with targets ranging from 10-50%. Members of the European Parliament are calling for greater transparency and less flexibility for borrowing, lending and transferring emission allowances.

For details, see separate press release.

New EU carbon sink goal will increase EU 2030 reduction target to 57%

The European Parliament agreed to increase the EU’s carbon sink targets for the land use, land use change and forestry sector (LULUCF), which would de facto increase the EU’s 2030 GHG reduction target to 57%.

  • Carbon farming to produce an additional 50 million tonnes of CO2-equivalent to net removal
  • The European Parliament wants sub-targets for agricultural land, pastures and wetlands at both EU and member state levels
  • The GHG absorption target in 2035, 2040, 2045 and 2050 is set at the end of 2024.

For details, see separate press release.

The next step

A vote on the Social Climate Fund report is expected on Wednesday in conjunction with the Employment and Social Affairs Committee.

All of these reports, including the CO2 emission standards for cars and vans and CORSIA adopted last week, are scheduled for voting during the plenary session of June 6-9, after which Parliament will be ready to start negotiations with EU governments.

The Parliamentary Position on Reserves of Market Stability for ETS was adopted by the Plenary in April.

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