Parliament Approves Core EU Climate Legislation The European | Just a Dude 😎
Parliament Approves Core EU Climate Legislation
The European Parliament on Tuesday gave its final blessing to key pieces of legislationthat form the backbone of the EU's flagship climate policy package — putting them one step closer to becoming law.
Two years of fraught negotiations between the Parliament, the Council of the EU and the European Commission culminated last year in a compromise deal on plans to revise the bloc's carbon market,set up a carbon tax, and create a Social Climate Fund to compensate vulnerable consumers.
The files are a key part of the EU’s so-called Fit for 55 package, which was designed to help the bloc cut greenhouse-gas emissions 55 percent by 2030 against a 1990 baseline.
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