July has been a big month for Europe and not just because of the Euro Championships. After two years of excruciatingly hard work the Commission has published its epochal new climate package. The EU’s ambition is unmistakable. Its goal is to slash emissions by 55% compared to 1990 in the next nine years. To achieve this, the Commission proposes 12 new laws including a carbon border tax, a revamped carbon market for industry, as well as ambitious and binding new targets for renewable energy and national climate action.
Source: transebvnews