EU Proposals Move Forward

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EU member states have agreed a collective position in the European Council on key energy policy proposals that should help the bloc achieve its "Fit for 55" ambitions. The council's stance covers the Emissions Trading System, carbon border adjustment mechanism, a social climate fund, effort sharing among member states and land-use issues. Most of the measures detailed in the council's stance mirror those put forward by the European Commission in July 2021, with a few weaker and stronger proposals in some areas, but are generally weaker than measures proposed by the European Parliament. The council proposes that some gas projects can be funded under the EU's Modernization Fund for a "transitional period" under "certain circumstances" as members search for ways to reduce reliance on Russian gas. The council also upheld an effective ban on new diesel and gasoline passenger cars and vans by 2035. Environmental campaigners have criticized the council for not being more ambitious.

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