Europe is on the road to becoming climate neutral by 2⃣0⃣5⃣0⃣.
Here’s a short🧵on #EUGreenDeal updates ⤵
Today, we welcome the adoption of:
➡A more ambitious Emissions Trading System (ETS) that now also covers shipping.
🐦🔗: https://n.respublicae.eu/EUClimateAction/status/1650819947646287873
Follow
➡A separate emissions trading scheme for fuels in road transport and buildings.
➡A new Carbon Border Adjustment Mechanism (CBAM) so a fair price is paid for carbon emissions related to imports.
➡€86.7 billion Social Climate Fund to support the most vulnerable.
🐦🔗: https://n.respublicae.eu/EUClimateAction/status/1650819951073083392
These laws can now enter into force, helping us to meet our climate targets.
Together, we are building a greener future for both people and planet with the #EUGreenDeal 🇪🇺🌍
Find out more: https://ec.europa.eu/commission/presscorner/detail/en/mex_23_2442
🐦🔗: https://n.respublicae.eu/EUClimateAction/status/1650819955053547521