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ENVI committee gives a hand to EU emissions trading scheme

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Tuesday, 31 January 2012

ENVI committee gives a hand to EU emissions trading scheme

Based on the European Commission's 'Low Carbon Roadmap', the European Parliament recently adopted a report on EU climate change policy.  The roadmap calls for a reduction of EU greenhouse gas emissions. While the target by 2030 is to reduce these by over 40%, by 2050 the aim is 80%. The call by MEPs to 'retire' EU emissions permits, with the aim of addressing problems with the EU's emissions trading scheme, was met with approval by the Greens.
As there was no call for the EU to step up to a 30% greenhouse gas reduction target for 2020, Bas Eickhout, climate spokesperson of the Greens, expressed his concerns, stressing the importance of both long- and short-term actions to tackle climate change. "EU climate policy is off track, we need to urgently address the problems with the EU's short-term 2020 climate goals.  If we are to have any chance of achieving what is necessary in the long term to avoid dangerous climate change”, he highlighted.

Source: The Greens|European Free Alliance