The European Parliament voted on three Fit for 55 laws in Strasbourg today.

They're all part of a package aiming to reduce greenhouse gas emissions by at least 55% by 2030.

🐦🔗: n.respublicae.eu/jduch/status/

1⃣Parliament extended the EU Emissions Trading System's market stability reserve to 2030, to safeguard against falling CO2 prices due to external shocks like Covid-19.

Press release⤵️
eptwitter.eu/qByv

🐦🔗: n.respublicae.eu/jduch/status/

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2⃣Parliament adopted revision of the Effort Sharing Regulation, setting binding annual reductions for greenhouse gas emissions across several sectors.

Press release⤵️
eptwitter.eu/qByx

🐦🔗: n.respublicae.eu/jduch/status/

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3⃣Parliament approved a new carbon sink target for land use and the forestry sector, that should reduce greenhouse gases in the EU in 2030 by up to 57% (vs 1990 levels).

Press release⤵️
eptwitter.eu/qByy

🐦🔗: n.respublicae.eu/jduch/status/

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