Is Fit for 55 sufficiently liberal?
Fit for 55 is the European Commission’s proposal to reach 55% net reduction in CO2 emissions by 2030 and climate neutrality by 2050.
The ALDE Party fully agrees with these objectives but we would like to hear from you if you think the tools in the Commission’s proposals are the right ones or if you believe there is a better liberal approach.
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The Fit for 55 package consists of 13 legislative proposals to:
Expand the EU Emission Trading System (ETS): expansion of the existing ETS to include the maritime and aviation sectors and creation of a new ETS for buildings and road transport.
Ensure all new cars are zero-emission by 2035: phasing out the combustion engine car by 2035 and requiring Member States to build electric charging stations for every 60 kilometres and hydrogen refuelling for every 150 kilometres on major highways.
Increase renewable energy to 40% by 2030: this would increase the existing target from 32%. Without mandating which sources to use, it pushes renewable hydrogen and hydrogen-based synthetic fuels.
Introduce a Carbon Border Adjustment Mechanism: importers of cement, iron and steel, aluminium, fertilisers, and electricity to pay an import levy equivalent to the cost of EU CO2 quotas, unless they are subject to an ETS system linked to the EU’s.
Protect forests and promote sustainable biomass: protection and expansion of forests, incl. to increase the target for carbon sinks. It also includes a new objective for biomass use and further criteria for what defines sustainable biomass.
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Want to learn more?
Watch these exclusive mini interviews with Krista Baumane MP (Kustība Par!, Latvia) and FDP climate spokesperson Lukas Köhler (FDP, Germany) discussing Fit for 55.