The new national greenhouse gas (GHG) emission reduction targets set out by the European Commission in its proposal to revise the Effort Sharing Regulation (2018/842) will not enable the European Union to meet its 2030 climate target, says the NGO Transport & Environment (T&E), in an analysis published on Friday 17 December.
As part of the ‘Fit for 55 package’ of climate legislation presented on 14 July, the proposed revision gives each EU Member State a binding, increased target for annual GHG emissions reductions by 2030 for sectors (transport, buildings, agriculture, waste management) not covered by the Emissions Trading System (ETS) or the ‘LULUCF’ regulation on land use (see EUROPE 12762/2).
The aim is to achieve a 40% reduction in emissions from these sectors by 2030 compared to 2005.
According to T&E’s analysis, if the flexibilities in the proposal are used to their full extent by Member States, these emissions would only be reduced by 33.2%.
The NGO explains this by the fact that, among other things, Member States’ emissions will already be well below the European Commission’s trajectory in 2021-2023 due to Covid-19, allowing them to accumulate a considerable surplus of annual emissions allowances.
See the analysis: https://bit.ly/3p4S2Zm (Original version in French by Damien Genicot)