European Parliament rejects carbon market reform

The end of the sale of new thermal cars is scheduled for 2035. On the other hand, the text which wanted to impose a carbon tax at the borders of the European Union has been rejected. “The European Parliament was to vote on Wednesday June 8 on eight of the fourteen texts contained in this gigantic climate package which describes the procedure to be followed, to reduce by at least 55% by 2030, compared to 1990, gas emissions greenhouse of the European Union”explains Mohamed Mezeraï from the writing of franceinfo. “The MEPs rejected, in plenary session, this key text on the reform of the European carbon market. It was rejected by at least 340 votes against, 265 times for and 34 abstentions. These are three major issues of this climate package which The first major issue is the reform of the European Union’s emissions trading system, which provided for the expansion of the CO2 trading market, to make companies simply more virtuous s. As a result of this rejection, the carbon tax at the borders, imposed on countries that export to Europe, has also been rejected”he says.

“The Greens and the left castigated a text which, for them, lacked ambition. With a somewhat improbable alliance with the far right to block the text, even if in the end they did not defend the same interests at all But all is not yet totally lost because the texts will be sent back to committee. It is the Committee on the Environment, Public Health and Food Safety which will now discuss this subject at a future meeting, in order to find a way to make progress on the file and to move forward on the debate. On the program, renegotiations, and as soon as a compromise is found, the Parliament will therefore be able to vote on a decision on the legislation. But a priori this does not will not take place before autumn 2022”underlines finally Mohamed Mezeraï.