The European Union is trying to turn promises into policies with a “55-compliant” climate bill. The Al-Attiyah Foundation reports in its latest sustainability paper, The Progress of the Green New Deal in Europe and the United States.
In July 2021, the European Commission enacted 12 to ensure that climate and energy legislation meets its ambition to reduce carbon emissions by 55% by 2030 compared to 1990 levels. Presented the legislation. From the phasing out of internal combustion engines to forest protection, no sector of the EU economy remains untouched.
The most radical and perhaps controversial proposal for the “55 Conformity” bill would impose tariffs on certain imports from countries with less stringent climate protection regulations. The proposal also includes discontinuing new car sales in just 14 years and raising fossil fuel prices.
EU citizens will also get more support to insulate their homes and buy eco-friendly cars through the EU’s “Social Climate Fund”.
“Our current fossil fuel economy has reached its limits. We want to leave a healthy planet for the next generation and leave good work and growth that will not hurt our nature. Europe It was the first continent to declare climate-neutral in 2050, and now it is the first continent we have put a concrete roadmap on the table. ”European Commissioner Urzula von der Leyen. The chief said at a press conference in Brussels when the plan was announced.
The bill, which could be enacted in 2022, follows a long-standing commitment from the block of 27 countries. Prior to the 2015 Paris Agreement, the EU has promised to reduce emissions by “at least 40%” below 1990 levels by 2030 and by 80% by 2050 by less than 1990. In December 2020, political leaders approved a new goal to reduce emissions. By 2030, it will be “at least 55%” below the 1990 level and will reach “climate neutral” (net zero) by 2050.
The legislation is some of the most aggressive and detailed to reach a carbon-neutral economy by 2050. Raised the level of other large emitters, such as the United States, which failed to submit a bill in Congress in December 2021. It was the largest climate change investment in the country so far.
The climatic part of the Build Back Better Plan included $ 555 billion aimed at shifting the US economy from its 150-year-old reliance on fossil fuels to a clean energy source. The bill provides an incentive to shift from burning oil, gas and coal for energy and transportation to the use of wind, solar and other electricity that does not emit carbon dioxide, instead of penalties for punishing pollutants. We provide public utilities and individuals.
US President Joe Biden said in January 2022 that his administration could get “fragments, big chunks” of the bill, including enough “more than $ 500 billion in energy and environmental support.” I’m sure. ”
http://www.gulf-times.com/story/709158/Europe-raises-the-bar-in-fight-against-climate-cha Europe raises the bar in the fight against climate change