2030 Framework for Climate and Energy
The 2030 Framework for Climate and Energy was conceived as an extension and continuation of the 2020 EU Climate and Energy Package, whereby Member States in 2014 agreed on EU-wide climate and energy targets of:
- a 40% cut in greenhouse gas emissions compared to 1990 levels
- at least a 27% share of renewable energy consumption
- at least 27% energy savings compared with the business-as-usual scenario
These targets, which were concluded to be ideal after thorough economic research into how to achieve decarbonisation and the Union’s long-term environmental goals by 2050.
Some legislative proposals in order to achieve these goals include:
- Reforming the EU Emissions Trading Scheme
- Increased emphasis to be placed upon the competitiveness and security of the energy system to liberalise and diversify supply, as well as achieve better inter-connection between MS
- Improved policy coordination for a new governance systems to ensure transparency, policy cohesion between MS and stronger investor certainty.