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Tom Young
28 June 2022
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EU Council agrees position on energy targets

Council sets binding EU-level targets of 40pc for renewables’ share of the energy mix and 36pc for energy efficiency

The Council of the EU has adopted negotiating positions on two legislative proposals—amendments to the Renewable Energy Directive and the Energy Efficiency Directive—that form key parts of the ‘Fit for 55’ climate package. Fit for 55 aims to reduce the EU’s emissions by 55pc below 1990 levels by 2030. The Council has reached its positions ahead of the European Parliament. Parliament’s industry committee will vote on the file next month, with a plenary vote tabled for September, after which representatives of the two bodies will meet to discuss the final shape of the law. 40pc – Council target for share of renewables in EU energy mix by 2030 The Council agreed to set a binding EU-leve

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Rather than a simple climate option, CCS is now being seen as a workable solution for Africa’s growth strategy
Carbon border tax exemptions to become law
27 May 2025
EU Parliament and Council both agree to exempt bulk of importers from paying a carbon tax on goods imported into the EU
Plugging the gaps in CCUS with policy, finance and stakeholder trust
27 May 2025
Carbon capture, utilisation and storage needs stable policy, investable frameworks and coordinated infrastructure if it is to be developed at scale

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