Climate target 2040: Will negative emiss • Table.Briefings

With the Fit for 55 package, the EU wants to achieve its climate target for the year 2030. Even though the package will soon be fully enshrined in law, no one wants to sit back and relax. Because the next debate has already begun – about the climate target for 2040 and how it is to be achieved.

A lot of market economy, some regulatory law and quite a lot of hope for innovation are in the Fit for 55 package, which is intended to pave the way to the EU’s 2030 climate target. The reform of the European Emissions Trading System (ETS) and the introduction of the Carbon Border Adjustment Mechanism CBAM are the major market-based instruments of the climate protection package and the heart of the Green Deal. On Tuesday, the Council gave final approval to the ETS reform and the CBAM. The two laws can now be published in the Official Journal and enter into force. The CO2 fleet targets for passenger cars and the ramp-up of EU-wide charging infrastructure (AFIR) are regulatory measures, and the efficiency targets in the Battery Regulation focus primarily on technological advancement in the future.

Climate target 2040: Will negative emissions be integrated into the ETS?

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