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The EU introduced new climate law to bring the Union to zero emissions by 2050

5. March 2020

The EU introduced new climate law to bring the Union to zero emissions by 2050

05. March 2020

T

he European Commission (EC) has published the first draft of its new law aimed at inducing Member States to significantly reduce their carbon emissions.

Brussels intends to achieve by 2050 a situation where the EU will only emit as much emissions as it can at the same time be able to break down through technology or tree planting. For the time being, there is disagreement among Member States on the approach to this Regulation.

For example, while Finland or Austria plan to achieve carbon neutrality before 2050, for example, the Czech Republic agrees with it only on condition that it receives additional money from the Fair Transformation Fund (specifically CZK 14.5 billion between 2021 and 2027). In its words, the EC counts on the differences between individual states. However, this does not change the fact that by 2030 the Union must reduce its emissions by 40%.

 

 

 

 

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