Reducing greenhouse gas emissions by 40% by 2030

All European Union countries must reduce emissions by 2030 compared to 2005 levels The European Parliament adopted by 486 votes to 132 with 10 abstentions the revision of the Effort Sharing Regulation. The regulation sets mandatory annual reductions in greenhouse gas emissions for road transport, building heating, agriculture.

The measures also affect small industrial installations and waste management for each member state of the European Union. The regulation currently regulates around 60% of all emissions in the Union.

The revised law increases the target for reducing greenhouse gas emissions by 2030 at European Union level from 30% to 40% compared to 2005 levels. For the first time, all member states must reduce greenhouse gas emissions, with targets for reductions vary between 10% and 50%. The 2030 targets for each member state are based on gross domestic product per capita and economic efficiency. European Union countries will also have to ensure annually that they do not exceed their annual greenhouse gas emission quotas.

The European Union’s 2030 target for net greenhouse gas removals in the land use, land use change and forestry sectors will be set at 310 million tonnes of CO 2 equivalent which is around 15% more than currently. It should ensure a further reduction of greenhouse gas emissions in the European Union in 2030 from 55% to around 57% compared to 1990 levels.

All EU Member States will have nationally binding targets for 2030 for removals and emissions from land use, land-use change and forestry based on recent levels of removals and the potential for further removals. The current rules will apply until 2025 and EU countries will have to ensure that emissions in the land use, land use change and forestry sectors do not exceed the amount of removals. From 2026, the countries of the European Union will have a four-year budget for the period 2026 – 2029 instead of binding annual targets.

The law strikes a balance between the need for European Union countries to be flexible in order to achieve their targets, while ensuring a fair and socially just transition, and the need to close gaps in order to realize the European Union’s overall goal of reducing emissions. This places limits on the amount of emissions that member states can save from previous years, borrow from future periods or trade with other member states.

To ensure accountability by Member States, the Commission will make public information on national actions in an easily accessible form, as Parliament has insisted.

After the vote, rapporteur Jesika Polfiard (EPP, Sweden) said the following: “With this law, we are taking an important step forward in achieving the EU’s climate goals. The new rules for reducing emissions at national level ensure a contribution from all Member States and bridging existing gaps. This allows us to send a clear signal of the European Union’s serious intentions to be a global leader with a competitive and effective climate agenda.”

The Council must now also formally approve the text, after which it will be published in the Official Journal of the European Union and enter into force 20 days later.

The effort-sharing regulation is part of the 2030 Target 55 package, which is the European Union’s plan to reduce greenhouse gas emissions by at least 55% by 2030 compared to 1990 levels ., in accordance with the European Climate Law.

5 1 vote
Article Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments
0
Would love your thoughts, please comment.x
()
x