The ‘Fit for 55’ climate proposals explained

The costs of the Commission’s proposals to meet the EU’s 2030 climate goals need to be distributed in a more progressive way.

 
Despite the jokes about Fit for 55 sounding like a fitness programme for the middle-aged, the climate policy package presented by the European Commission on July 14th is a historic milestone. With its 13 proposals, the Commission has charted a path towards reducing EU-wide greenhouse gas emissions in 2030 by 55 per cent, relative to 1990 levels, as required by the Union’s recently-approved Climate Law. The proposals will face political resistance, because they involve increasing carbon prices for both businesses and households. The key to making the package a reality is to put compensation front and centre, through income support to address energy poverty and investment support for industry’s decarbonisation efforts.

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Πηγή: cer.eu

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