Climate change: Parliament to vote on its position on carbon-pricing laws
On Wednesday, MEPs will vote on the Emissions Trading System reform, the EU Carbon Border Adjustment Mechanism and a new Social Climate fund to combat climate change.
Following a plenary debate on 7 June 2022, and the rejection of the report on the revision of the EU Emissions Trading System on 8 June 2022 at the Plenary session in Strasbourg, MEPs will vote again on Wednesday on three draft laws, part of the Fit For 55 in 2030 package. This is the EU’s plan to cut greenhouse gas emissions by at least 55% by 2030 compared to 1990 levels and have net-zero greenhouse gas (GHG) emissions (climate neutrality) by 2050, in line with the European Climate Law.
The texts approved will be Parliament’s mandate for negotiations with EU governments on the final laws.
The files are:
Emissions Trading System (ETS) reform
- Free allowances for industries phased out more quickly and citizens included later in ETS II
EU Carbon Border Adjustment Mechanism (CBAM)
- Broader scope and faster implementation in new carbon leakage instrument
- A new fund to help those most affected by energy and mobility poverty cope with the increased costs of the energy transition.
Procedure Codes: 2021/0211(COD) 2021/0214(COD) 2021/0206(COD)
Procedure: Ordinary legislative procedure
Debate: Tuesday, 7 June 2022
Vote: Wednesday, 22 June 2022