The EU's Fit-for-55 package

The European Green Deal's fitness test

On 14 July 2021, the European Commission presented its proposals for implementing the EU Climate Law - the so-called “Fit-for-55” package. This will be the starting signal for one of the most important EU debates of the next years: how can the EU reduce its greenhouse gas emissions by 55% by 2030 and how can it become climate neutral by 2050?

Analyses on the #Fitfor55 package

The Fit-for-55 package includes the following initiatives:

  • Revision of the EU Emissions Trading System (ETS), including maritime, aviation and CORSIA as well as a proposal for ETS as own resource
  • Carbon Border Adjustment Mechanism (CBAM) and a proposal for CBAM as own resource
  • Effort Sharing Regulation (ESR)
  • Revision of the Energy Tax Directive
  • Amendment to the Renewable Energy Directive to implement the ambition of the new 2030 climate target (RED)
  • Amendment of the Energy Efficiency Directive to implement the ambition of the new 2030 climate target (EED)
  • Revision of the Regulation on the inclusion of greenhouse gas emissions and removals from land use, land use change and forestry (LULUCF)
  • Revision of the Directive on deployment of alternative fuels infrastructure
  • Revision of the Regulation setting CO₂ emission performance standards for new passenger cars and for new light commercial vehicles

The proposal for a new social climate fund was an addition to the initial list of initiatives for summer 2021. The following initiatives are announced for fourth quarter (Q4) of 2021:

  • Reducing methane emissions in the energy sector (originally expected in Q2-2021)
  • Revision of the energy performance of Buildings Directive (EPBD)
  • Revision of the Third Energy Package for gas (Directive 2009/73/EU and Regulation 715/2009/EU) to regulate competitive decarbonised gas markets

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