Last summer, the European Commission (the Commission) presented a set of proposals (“Fit for 55” legislative package). This package aims to align the European Union (EU) climate, energy, land use, transport and taxation policies with the goal of reducing net greenhouse gas (GHG) emissions by at least 55% from 1990 levels by 2030 with the overarching goal to achieve climate neutrality in Europe by 2050.
Source EY
