Will the EU’s ‘Fit for 55’ be fit for purpose?
The European Commission is set to unveil a sweeping new package of energy and climate legislation on Bastille Day, 14 July – sparking what is sure to be a revolution in EU renewable energy policy.
When it comes to sustainable biofuels, this will be the Commission’s chance to fix what it did not quite get right the first and second times around on transport energy policy.
The goal is to reduce EU emissions by 55% by 2030, a key milestone in the EU Green Deal roadmap to carbon-neutrality in 2050. To achieve it, the Commission’s so-called ‘Fit for 55’ package will include major revisions of energy, transport and climate legislation.
Several of these new proposals are likely to have a major impact on the EU biofuels sector – including updates of the Renewable Energy Directive (RED) and CO2 standards for cars regulation, the revamp of the Effort Sharing Regulation and the Emissions Trading System with the possible inclusion of transport, and changes to the Energy Taxation Directive to de-incentivise fossil fuels. Will Fit for 55 be fit for purpose?
There’s a lot at stake. What mix of technologies will be deployed to reduce transport...
When it comes to sustainable biofuels, this will be the Commission’s chance to fix what it did not quite get right the first and second times around on transport energy policy.
The goal is to reduce EU emissions by 55% by 2030, a key milestone in the EU Green Deal roadmap to carbon-neutrality in 2050. To achieve it, the Commission’s so-called ‘Fit for 55’ package will include major revisions of energy, transport and climate legislation.
Several of these new proposals are likely to have a major impact on the EU biofuels sector – including updates of the Renewable Energy Directive (RED) and CO2 standards for cars regulation, the revamp of the Effort Sharing Regulation and the Emissions Trading System with the possible inclusion of transport, and changes to the Energy Taxation Directive to de-incentivise fossil fuels. Will Fit for 55 be fit for purpose?
There’s a lot at stake. What mix of technologies will be deployed to reduce transport...
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