Today’s long-awaited "Fit for 55" legislative package from the European Commission will trigger intense and difficult negotiations that will last two years, says Nicolas Berghmans at IDDRI. Its scope is wide and inevitably interconnected. The twelve legislative proposals include adjustments to existing measures (renewable energy, energy efficiency, carbon market/EU ETS, energy taxation, climate effort sharing between Member States/ESR, land use … [Read more...]
Land Use and Forestry: existing LULUCF rules allow EU’s carbon sink to decrease. Change them
The EU’s current Regulations for Land Use, Land Use Change and Forestry (LULUCF) allow the region’s carbon sink to decrease, explains Ulriikka Aarnio at CAN Europe. It’s due to exclusions and a lack of transparency and proper accounting for emissions. As a result, the EU’s carbon sink has already decreased significantly in the last few years, extracting only 265 Mt of CO2 in 2019. Different activities both emit and absorb carbon. 2019 saw 135 Mt … [Read more...]
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