The European Commission has presented its plan on how to reduce EU greenhouse gas emissions by at least 55% by 2030, compared to 1990 levels. Executive Vice-President Frans Timmermans and Commissioner Kadri Simson announced that legislative proposals will be presented by June 2021 to implement the new target, including a revised and expanded EU Emissions Trading System, and reinforced energy efficiency and renewable energy policies. A critical milestone is the confirmation that the European Commission will increase its 2030 renewable energy target from the current 32% up to 38-40%, for which a proposal will be submitted by June 2021.
The Commission also confirmed that it would explore the possibility of a more robust industrial strategy for advanced solar technologies, a success for the European solar sector, following the hard work of SolarPower Europe and the launch of the Solar Manufacturing Accelerator in July 2020.
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