ERA: Fit-for-55 legislation on future of energy and fuels
By Belinda Smart24 May 2022
On 14 July 2021, as part of the European Green Deal, the European Commission published a package of legislative proposals aimed at reaching the EU’s 2030 objective of reducing emissions by 55%.
Some key parts of the package that are important for the future of energy and fuels are now in the legislative process, which is expected to run for at least the duration of 2022:
- The amendment of the Renewable Energy Directive will set a new 2030 target of 40% (up from 32%) for the use of energy from renewables and will strengthen the sustainability criteria for bioenergy
- The revision of the Emissions Trading Scheme (EU ETS) will extend the system to the transportation and building sectors and lower the overall emissions caps
- The aim of the revision of the Energy Taxation Directive is to align taxation of energy products with climate policies and promote clean technologies by establishing a link between the minimum tax rates of fuels and their energy content or environmental impact
- More stringent CO2 emission standards for new cars and vans will require average emissions of new cars to come down by 55% from 2021 to 2030 and be net-zero by 2035
- The revision of the Alternative Fuels Infrastructure Directive will require member states to establish a sufficient number of charging and fueling points for vehicles and ships
The future energy scenarios and the impact of the EU Green Deal on contractors, and well as the role of energies and alternative fuels for the rental sector will also be extensively addressed at the ERA Convention 2022: ‘Rental in Transition’ in Riga. There is still time to register!
If you wish to receive more information, please do not hesitate to contact the ERA Secretariat at email@example.com.