As the European Commission prepares to present its ‘Fit for 55’ legislative package aimed at achieving a reduction in the EU’s net greenhouse gas (GHG) emissions of at least 55% by 2030 compared to 1990 levels, the Greens/EFA group in the European Parliament expressed concerns that the package is overly focused on carbon market mechanisms in an online press conference on Tuesday 13 July.
The group is particularly critical of the proposed revision of the EU’s Emissions Trading Scheme...