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

Published 19:04 on September 13, 2020  /  Last updated at 23:45 on September 15, 2020  /  Carbon Taxes, CBAM, EMEA, EU ETS  /  No Comments

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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