EU countries reached agreements on proposed laws to combat climate change early Wednesday, in favor of phasing out sales of new fossil fuel-powered cars by 2035 and a billion-euro fund to protect poorer citizens from CO2 costs. After more than 16 hours of negotiations, environment ministers from the 27 member states of the European Union have agreed on their common stance on five laws, part of a broader package of measures aimed at reducing greenhouse gas emissions. planet hot this decade.

“The climate crisis and its consequences are clear, and therefore policy is inevitable,” said Frans Timmermans, head of policy for the EU, Frans Timmermans. EU climate policy, adding that he thinks Russia’s top gas supplier’s invasion of Ukraine is pushing countries to abandon fossil fuels faster. Ministers backed core parts of the bid package first proposed by the European Commission last summer, including legislation requiring new cars sold in the EU to be CO2-free from 2035. That would making it impossible to sell cars with internal combustion engines.

The agreement makes the proposal likely to become EU law. The ministers’ agreements will shape their stance in the upcoming negotiations with the EU Parliament over final legislation. Congress supported the car target by 2035. Italy, Slovakia and other countries had wanted the phase-out delayed to 2040. The nations ultimately backed a compromise led by Germany, The EU’s largest car market, the proposal, keeps the 2035 target and asks Brussels to assess in 2026 whether hybrid or CO2-free cars. fuel may be suitable for the target.

Timmermans says the committee will keep an “open mind” but today, hybrids don’t deliver enough emissions cuts and alternative fuels are expensive. The climate proposals aim to ensure the 27 EU countries – the world’s third-largest greenhouse gas emitters – meet their 2030 target of a 55% reduction in net emissions from 1990 levels.

Doing so will require governments and industries to invest heavily in cleaner production, renewable energy and electric vehicles. Ministers support a new EU carbon market to impose CO2 costs on polluting fuels used in transport and buildings, although they said it would launch in 2027, late. more than a year from the original plan.

After intense negotiations, they agreed to create an EU fund of 59 billion euros to protect low-income citizens from the costs of the policy for the period 2027-2032. Lithuania, the only country opposed to the final agreements, has been unsuccessful in finding a larger fund along with Poland, Latvia and others who fear the new CO2 market could increase energy bills. of people.

Finland, Denmark and the Netherlands – richer nations who would pay more than they would get in return – wanted it smaller. The ministers also regrouped reforms to the EU’s existing carbon market, which forces industries and power plants to pay when they pollute.

Countries have accepted the core elements of the Commission’s proposal to strengthen the market to cut emissions by 61% by 2030 and expand it to include transportation. They agreed on rules to make it easier for the EU to intervene in the face of a spike in CO2 prices. Ministers supported two other bills that would strengthen the national emissions-cutting targets Brussels has set for countries for some sectors, and increase natural carbon sinks such as forests.

(1 dollar = 0.9454 euros)

(This story has not been edited by Devdiscourse staff and is automatically generated from the syndication feed.)

LEAVE A REPLY

Please enter your comment!
Please enter your name here