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S&Ds: A step forward to make Fit for 55 package work, after the EP approved its position on the Effort Sharing Regulation

Date

09 Jun 2022

Sections

InfoSociety

Today was a crucial moment for the European Parliament when it comes to the real ambitions of the EU on tackling the climate crisis and complying with the European Climate Law’s aim of making Europe the first carbon-neutral continent by 2050.

Thanks to the S&D Group’s relentless efforts, the European Parliament has adopted some concrete measures to try to reduce greenhouse-gas emissions by at least 55% by 2030 – compared to 1990 levels – as set out in the Fit for 55 package.

The S&Ds have been fighting for a green transition, but with a red heart.

Regrettably some crucial files, such as the Emissions Trading System revision (ETS), have been watered down by the right wing forces jeopardizing the EU’s climate ambitions.

As progressives, however, we made sure that all the measures of the Fit for 55 package approved are accompanied by solid social justice and solidarity mechanisms that offset the costs, to ensure that this transition not only takes place, but is also socially fair.

S&D MEP and Shadow rapporteur, Javi López, said:

“The Effort Sharing Regulation sets national targets for emissions reduction from transport, buildings, agriculture, non-ETS industry and waste management. These sectors - not included in the EU Emissions Trading System (EU ETS) - generate about 60% of EU greenhouse gas emissions.

“The Parliament’s proposal improves on the Commission’s one by incentivising early action in emissions reduction measures, demanding that all sectors contribute evenly to our climate objectives and, thanks to the S&Ds, introduces within the scope of the Regulation the need for a fair and just transition.

“We have an ambitious and well-balanced text that will guarantee that the EU is Fit for 55.”

 

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