Meps Vote To Reform The EU's Emissions Trading System And Impose A Carbon Tax
Date
6/22/2022 6:30:53 PM
(MENAFN- Trend News Agency)
The European Parliament has voted in favour of three key climate
laws, barely two weeks after the same legislative files caused
scenes of chaos in the hemicycle, Trend reports citing Euronews .
That incident, in which MEPs booed and jeered at each other,
prompted a flurry of behind-the-scenes negotiations to achieve a
new compromise between the main political groups.
The concentrated push paid off on Wednesday, when a majority of
lawmakers approved the three draft laws with a comfortable
majority: a revision of the EU's Emissions Trading System (ETS), a
novel carbon border tax and a Social Climate Fund.
The three pieces of legislation were unveiled by the European
Commission last July as a part of a broader package to slash the
bloc's greenhouse gas emissions by 55% before the end of the
decade.
In a plenary session on Wednesday, a comfortable majority voted
in favour of the draft laws. The parliament will now defend this
position in the upcoming negotiations with member states, which are
expected to be intense.
The Parliament and Council will have to agree on a final version
for the laws enter into force.
'Today's plenary decision is good for the climate and good for
jobs,' said German MEP Peter Liese, the rapporteur on the ETS file.
'I am very relieved and glad that a large majority is now living up
to its responsibility.'
Speaking on behalf of the socialist group, Mohammed Chahim
welcomed the deal 'after the troublesome vote in the previous
plenary' and said it was based on the principle 'the polluter must
pay, no matter where they pollute!'
The liberals from Renew Europe called the agreement a 'huge
step' forward while the Greens said it would enable the 55% carbon
reduction but fall short of the Paris Agreement's goal to to limit
global warming to 1.5 degrees Celsius.
MENAFN22062022000187011040ID1104417599
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.