On Tuesday 14 March, the European Parliament approved in plenary session (486 votes in favour, 132 against and 10 abstentions) the interinstitutional agreement of 8 November 2022 on the revision of the climate Effort Sharing Regulation (see EUROPE B13060A6).
The revised text increases the greenhouse gas (GHG) reduction target for 2030 from 30% to 40%, compared to 2005 levels, in sectors that had not been included in the EU Emissions Trading System (ETS). These binding targets and...