Tag: Fit for 55 (4 articles)

Industry   |   14 March, 2023 at 5:22 PM

EP votes to reduce member states' emissions by 40%

The European Parliament votes to reduce member states' emissions by 40%. All EU countries must reduce emissions by 2030 compared to 2005. Reduction targets for each member state are based on GDP per capita and cost-effectiveness.

Regulation   |   14 March, 2023 at 2:51 PM

EP adopts new carbon sinks goal

The European Parliament adopts a new carbon sink goal that increases the EU 2030 climate ambition. The new law raises the EU carbon sink target for the land use and forestry sector, which should reduce greenhouse gases in the EU in 2030 by up to 57% compared to 1990.

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