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Updating the bloc’s carbon pricing to increase the cost of fossil fuel emissions across the board through actions like creating a carbon market for heating and fuel and taxing aviation and shipping fuel
Funneling some of that carbon cost money back into helping people most impacted by the resulting price changes
Implementing a carbon border tax so that the emissions cost of goods produced beyond the EU’s borders is reflected in their prices
Requiring nearly 40% of all electricity be from renewable sources by 2030
Ending the sale of gas and diesel cars by 2035
Why This Matters: The Fit for 55 measures take climate goals and turn them into specific action items. The EU’s climate neutrality pledge is part of the 75% of the world’s GDP covered by such promises. But a pledge is only as good as the follow-up. As European Commission, President Ursula von der Leyen put it, “We already have the goals. We have a climate law which is underpinned by investment. With this proposal, we have the road map.” With the upcoming UN Climate COP26 in Glasgow, the EU road map is also a challenge to the rest of the world to take on the climate crisis with concrete plans.
What’s Next: While the road map is there, a two-year negotiation process lies ahead between industry, EU countries and the European Parliament (that’s the directly legislated elected body — the EU Commission, which introduced the package, is the politically independent executive branch led by von der Leyen). It remains to be seen what will emerge on the other side of the negotiations, and we’ll be two years farther along in the unfolding climate crisis.
While this plan is certainly more ambitious than that of the US or China — who have more in the pledge category than the plan category — Climate Action Tracker still rates the strategy “insufficient” and assesses the EU should be aiming for a 65% reduction by 2030 to hit Paris Agreement targets. The bloc produces about 8% of emissions globally, but historic emissions put it among the world’s highest.
By Ashira Morris, ODP Staff Writer One of the big headlines out of the European Union’s recently released package of concrete policies to hit climate neutrality was the phase out of diesel and petrol fueled cars by 2035. The proposal plans for charging stations every 60km (about every 37 miles), a massive ramp up in […]
Yesterday, several news outlets reported that the Biden administration will soon propose a return to aggressive Obama-era vehicle mileage standards over five years, after which rules would tighten to encourage 40% of U.S. drivers into electric vehicles by 2030. As the Post and Courrier reported, The proposed rules from the Environmental Protection Agency and Department […]
By Ashira Morris, ODP Staff Writer Taken together, the European Union’s 27 countries are the #4 carbon emitter globally. The recently released “Fit for 55” package spells out how, exactly, the bloc will go from its current output to hitting its goal of climate neutrality by 2050. One of the biggest proposed changes is an […]
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