Posted November 14, 2023
The Commission welcomes the provisional agreement reached today between the European Parliament and Council on a new EU Regulation to reduce energy sector methane emissions in Europe and in our global supply chains.
Methane is a powerful greenhouse gas – the second biggest contributor to climate change after carbon dioxide (CO2) – and is also a potent air pollutant. Today’s agreement is therefore crucial to delivering the European Green Deal and reducing our net greenhouse gas emissions by at least 55% by 2030.
It will oblige the fossil gas, oil and coal industry to properly measure, monitor, report and verify their methane emissions according to the highest monitoring standards, and take action to reduce them.
Today’s agreement comes just a few weeks ahead of COP28, where the EU will continue its engagement with international partners on reducing methane emissions.
Source ec.europa.eu
Latest Posts in "European Union"
- CEN Approves Revised EN 16931: A Milestone for ViDA Implementation
- Successful Implementation of VAT in the Digital Age (ViDA) Discussed with Commissioner Hoekstra
- General Court T-638/24 (D GmbH) – AG Opinion – VAT on Intra-Community Acquisitions Not Precluded by Errors
- Commission Backs Italy’s VAT Derogation on certain vehicles Through 2028
- Comments on GC T‑575/24 – AG – Contrary to EU law if services provided to members are regarded as internal acts
