The European Parliament voted on three Fit for 55 laws in Strasbourg today. #EPlenary
They're all part of a package aiming to reduce greenhouse gas emissions by at least 55% by 2030.
🐦🔗: https://n.respublicae.eu/jduch/status/1635717565522509846
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⤵️
http://eptwitter.eu/qByv
🐦🔗: https://n.respublicae.eu/jduch/status/1635717567690964998
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⤵️
http://eptwitter.eu/qByy
🐦🔗: https://n.respublicae.eu/jduch/status/1635717574510903325
2⃣Parliament adopted revision of the Effort Sharing Regulation, setting binding annual reductions for greenhouse gas emissions across several sectors.
Press release⤵️
http://eptwitter.eu/qByx
🐦🔗: https://n.respublicae.eu/jduch/status/1635717570736029721