Carbon Taxes > Brussels to propose “at least 55%” climate target for 2030, one-off supply cut

Brussels to propose “at least 55%” climate target for 2030, one-off supply cut

Published 19:04 on September 13, 2020  /  Last updated at 21:51 on July 12, 2021  / /  Carbon Taxes, CBAM, EMEA, EU ETS, Shipping

The European Commission will propose raising the EU's 2030 emissions reduction target to “at least 55%”, while exploring a one-off supply cut as a way of aligning the ETS with the new goal, according to a leaked draft due to be presented over the coming days.
The European Commission will propose raising the EU's 2030 emissions reduction target to “at least 55%”, while exploring a one-off supply cut as a way of aligning the ETS with the new goal, according to a leaked draft due to be presented over the coming days.


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