The European Union’s Carbon Neutrality Goals

In 2019, the European Union (EU) proposed the most advanced climate and energy package in the world: the Green Deal. Its strategic ideas were then incorporated in a number of legislative proposals in the Fit for 55 package. Most of these proposals have become laws in 2023 that introduce new low-carbon and environmental obligations for energy-intensive industries so that the EU could fulfill its pledge of carbon neutrality by 2050.

In this webinar, EcoEngineers presents key elements of the EU strategy for climate neutrality and energy transition such as the upcoming reform of the Emission Trading Scheme (ETS, a cap-and-trade system) and Carbon Border Adjustment Mechanism (CBAM) that will put a carbon price on certain goods imported to the EU We speak about the new approach toward decarbonization of transportation fuels and certain limiting rules pertaining to biofuels. We also discuss the EU’s approach to maintain the competitiveness of the domestic industry investing in low-carbon solutions.

Urszula Szalkowska
Urszula Szalkowska

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