On the proposal for a Regulation of the European Parliament and of the Council amending Regulation (EU) 2021/1119 establishing the framework for achieving climate neutrality
ITRE-PA-776778
Committee on Industry, Research and Energy · Rapporteur: Niels Fuglsang
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This draft opinion proposes amendments to the Climate Law to set a binding domestic Union 2040 climate target of at least 90% net greenhouse gas emission reduction compared to 1990 levels.¶¶ It deletes provisions allowing international credits and enhanced cross-sector flexibility, and limits the role of domestic permanent removals to avoid offsetting necessary emission reductions.¶¶¶ It adds requirements for the Commission to consider electrification, grid modernisation, energy efficiency, fossil fuel phase-out, circularity, skills, and other factors in future legislative proposals.¶¶¶
Committee position. The rapporteur proposes to amend the Commission proposal to set a binding domestic 2040 target of at least 90% emission reduction, delete international credits and cross-sector flexibility, and add requirements on energy, industry, and skills.¶¶¶
Key points
- Sets a binding domestic Union 2040 climate target of at least 90% net greenhouse gas emission reduction compared to 1990 levels.¶
- Deletes the possibility of using international credits under Article 6 of the Paris Agreement towards the 2040 target.¶
- Limits the role of domestic permanent removals in the EU ETS to compensate for residual emissions from hard-to-abate sectors, with safeguards against offsetting necessary reductions.¶
- Deletes the provision for enhanced flexibility across sectors.¶
- Requires that legislative proposals reflect cost-efficiency, affordability, solidarity, and national circumstances for Member State post-2030 targets.¶
- Adds requirements to phase out fossil fuels, improve energy supply resilience, and promote circularity as a driver for innovation.¶¶
- Adds requirements to strengthen global competitiveness and strategic autonomy, and to consider best available cost-effective, safe and scalable clean technologies.¶¶
- Adds requirements to boost renewables, energy efficiency, and the 'energy efficiency first' principle, and to advance electrification with completed interconnections and grid modernisation.¶¶
- Adds requirements to scale up access to capital for clean technology manufacturing and to increase support for skills for clean energy jobs.¶¶
Who is affected
- European industry, particularly small and medium-sized enterprises and sectors exposed to carbon leakage, will face strengthened competitiveness and strategic autonomy requirements.¶
- Energy sector will need to boost renewables, expand and modernise grids, and advance electrification.¶¶
- Workers and job seekers will benefit from increased support for skills in clean energy manufacturing and servicing.¶
Figures and deadlines
- 90% reduction in net greenhouse gas emissions by 2040 compared to 1990 levels.¶