The EU aims to reduce its net greenhouse gas emissions by at least 55 percent by 2030, compared to 1990 levels, and reach climate neutrality by 2050. On 14 July 2021, the European Commission presented the Fit for 55 Package with proposals to deliver the 2030 CO2 reduction target and pave the way to become the world’s first climate-neutral continent by 2050. The Fit for 55 Package is an impressive 12,000 page legislative proposal effectively codifying the principles laid down in the EU Climate Law.
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