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On 14 July 2021 the European Commission adopted the 'fit for 55' package, a set of legislative proposals to meet the new EU objective of a minimum 55 % reduction in greenhouse gas (GHG) emissions by 2030. The fit for 55 package is part of the Commission's European Green Deal, which aims to set the EU firmly on the path towards net zero GHG emissions (climate neutrality) by 2050. The fit for 55 package includes a regulation establishing a new social climate fund (SCF). The aim of the SCF is to help ...

The EU's effort-sharing legislation covers greenhouse gas (GHG) emissions in sectors not included in the EU emissions trading system. A wide range of sources account for these emissions, such as petrol and diesel used for road transport, energy used for heating and cooling in buildings, animal digestion and fertilisers used in agriculture, waste treatment, and small industries. To cut the emissions in these sectors, the EU effort-sharing legislation establishes binding targets and sets up annual ...

The EU has implemented the world's largest carbon-pricing system, the emissions trading system (ETS). While pricing emissions can encourage industrial decarbonisation, it also risks carbon leakage, whereby EU companies move their production abroad. To date, the EU has mitigated carbon leakage through free allocations to certain industries, but with rising climate ambition and higher carbon prices, the Commission seeks to phase out free allocations. In parallel, a novel carbon border adjustment mechanism ...

This briefing provides an initial analysis of the strengths and weaknesses of the European Commission's impact assessment (IA), accompanying the above-mentioned proposals, adopted on 15 December 2021 and referred to the European Parliament's Committee on Industry, Research and Energy. The Commission proposals to recast the 2009 Gas Regulation (EC) 715/2009 on conditions for access to the natural gas transmission networks and Directive 2009/73/EC on common rules for the internal market in natural ...

This briefing provides an overview of pricing instruments on road transport CO2 emissions. It presents the current use of these instruments in the EU, the main EU legal framework in this field including the expected developments, and the impacts these instruments may have on the road transport sector and society in general.

The IA provides a comprehensive problem analysis, based on the evaluation of the current TEN-T Regulation, a public consultation, and targeted consultations with stakeholders and Member States. It is transparent about the methods and uncertainties (e.g. long-term funding) and limitations. The objectives and the policy options have a clear link to the problem definition. The IA comprehensively analyses the economic, social and environmental impacts of the policy options. However, territorial impacts ...

This study provides information on requirements and goals for successful transformation towards a climate neutral future at regional level in the EU. Based on the analysis of six regional best practice examples across the EU, the key drivers, conditions and instruments for a successful transformation were identified. The project results in the formulation of specified policy recommendations for EU decision-makers in the field of supporting the EU regions in achieving the goals of climate neutrality ...

The concept of important projects of common European interest (IPCEIs) is enshrined in Article 107(3)(b) of the Treaty on the Functioning of the European Union. It enables the Commission to allow Member States to design and implement national investments targeting important market failures or societal challenges that could not otherwise be addressed. In November 2021, the Commission adopted a communication updating a 2014 communication that established the first set of guidance to be used for the ...

This study provides information on requirements and goals for successful transformation towards a climate neutral future at regional level in the EU. Based on the analysis of six regional best practice examples across the EU, the key drivers, conditions and instruments for a successful transformation were identified. The project results in the formulation of specified policy recommendations for EU decision-makers in the field of supporting the EU regions in achieving the goals of climate neutrality ...

In July 2021, the European Commission put forward the 'fit for 55' package of legislative proposals, aimed at ensuring the success of the European Green Deal. The FuelEU Maritime regulation is one of these proposals and, together with four other proposals, it seeks to steer the EU maritime sector towards decarbonisation. In the European Parliament, the Committee on Transport and Tourism (TRAN) leads the work on this file. On 4 April 2022, the rapporteur Jörgen Warborn put forward his draft report ...