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Three weeks after its release, industry stakeholders and policy makers are reacting to the European Commission's Fit for 55 Package. The set of proposals consists of twelve highly interlinked measures across emissions pricing, transport and energy.
Member states have been criticising specific measures, such as the extension of carbon pricing to heating and transport because of their social impact. Industry stakeholders have expressed reservations on the combined effect of measures imposing higher emissions reduction targets on transports. Meanwhile, NGOs have been calling for higher renewable energy targets.
In this event for the Global Counsel network, Ermenegilda Boccabella, Adviser on Energy and Climate; Giorgio Corbetta, Senior Associate; and Tom White, Director, discussed how the commission’s proposals will impact European citizens and industry, as well as how the forthcoming negotiations will unfold.
Watch the full event below.
[vimeo]
The views expressed in this report can be attributed to the named author(s) only.