European Parliament — latest ecology news

A major source of contention is the speed at which free emissions permits are phased out

The amended directive is expected to be easily adopted

If the European Parliament or the European Council does not object to the proposal by July 11, 2022, the taxonomy law will enter into force on January 1, 2023

If 20 out of the 27 EU member states do not oppose the proposal, it will be passed into law

Such a decision will deepen dependence on the Russian Federation and negatively affect climate change

For the proposal to be passed, it must be supported by a majority of the assembly's 705 lawmakers

Environmentalists want to collect 50,000 Ukrainian votes per week

Creating a Social Climate Fund will help those most affected by energy and mobile poverty cope with rising energy transition costs

The waiver of free quotas in the sectors covered by the CBAM will last from 2027 to 2032.

Thanks to this, Europe is at the forefront of the international race for standards

Proposed phasing out of ETS incentives for European industry from 2028 to 2034

The law is part of a package of EU climate bills