Fit for 55

Fit for 55 is a package by the European Union designed to reduce the European Union's greenhouse gas emissions by 55% by 2030. It is part of the union's strategy of the European Green Deal presented first in December 2019.

The package was proposed in July 2021 by the European Commission. After being tabled in 2021, the plans were passed in 2023. Measures include additional support for clean transport, renewables, and a tariff called the Carbon Border Adjustment Mechanism on emissions for high-carbon imports from countries lacking sufficient greenhouse gas reduction measures of their own. It proposes to extend the European Union Emissions Trading System to transport and heat. Compared to the net-zero scenario from the International Energy Agency, the plan contains more measures to ensure that energy remains affordable.

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