EURACOAL responds to the Commission’s package of legislative proposals

On 14 July 2021, the European Commission adopted a package of proposals to deliver on the targets agreed in the European Climate Law and so revolutionise the economy and society for a fairer, greener and more prosperous future. Known as the “Fit-for-55” package, it aims to make the EU’s climate, energy, land use, transport and taxation policies fit for reducing net greenhouse gas emissions by at least 55% by 2030, compared with 1990 levels. Europe would then be on the way to becoming the world’s first climate-neutral continent by 2050 – making the European Green Deal a reality.

Today, EURACOAL responds to this important package of legislative proposals which will have a dramatic impact on coal production and use across the EU:

Diagram of MSR operation after proposed amendment – any surplus of allowances is smoothly drained off