The European Parliament and the Council yesterday reached a political agreement on strong rules to decarbonise and modernise the mobility sector. They provisionally agreed on new CO2 emission standards for cars and light vans in the EU for the period after 2020, emissions from new cars will have to be 37.5% lower in 2030 compared to 2021 and emissions from new vans will have to be 31% lower.
At the 24th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP24) in Katowice, European Climate Action and Energy Commissioner Miguel Arias Cañete and New Zealand Climate Change Minister James Shaw met and agreed to strengthen their bilateral cooperation on emissions trading systems.
The European Commission has adopted its annual report on the functioning of the European carbon market. Covering the year 2017, the report also presents certain initiatives proposed or agreed in 2018.