2030 Climate and Energy Package (Analysis here)
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In a nutshell, key highlights of decisions on the 2030 climate and energy framework include:
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The EU decided in 2008 to cut 20% of greenhouse gas emissions from 1990 levels by 2020, together with a 20% renewables target. It stipulated that an increase to a 30 % reduction commitment would depend other developed countries taking on comparably ambitious emission reductions targets and that the economically more advanced developing countries make a contribution commensurate with their respective responsibilities and capabilities.
The EU’s 20 % GHG reduction target for 2020 is implemented through the EU’s Emission Trading Scheme (EU-ETS) and the Effort Sharing Decision (ESD) which defines reduction targets for the non-ETS sectors (e.g. transportation) in each EU Member State.