In a Nutshell What is the Governance Regulation? The Governance of the Energy Union and Climate Action Regulation (Governance Regulation) is the EU’s central tool for coordinating climate and energy objectives at Member State level. It establishes a common framework...
In a Nutshell What is the EU ETS? The EU Emissions Trading System (EU ETS) is a market-based approach for setting a price for carbon dioxide (CO2) emissions. It works on a ‘cap and trade’ basis whereby a ‘cap’, or limit, is set on the total greenhouse gas (GHG)...
In a Nutshell What is the IAA? The EU Industrial Accelerator Act (IAA) is a proposed Regulation aimed at strengthening the competitiveness and accelerating the decarbonisation of EU manufacturing. It specifically targets energy-intensive industries (EIIs), net-zero...
In a Nutshell What is the EU Bioeconomy Strategy? The EU Bioeconomy Strategy aims to promote the growth of a circular bioeconomy in the EU. Bioeconomy involves the sustainable production and consumption of biomass resources for food, materials, energy, and services....
In a Nutshell What is the 2040 Climate Target? The provisional agreement to amend the EU Climate Law establishes a legally binding 2040 climate target of 90% net greenhouse gas (GHG) emission reductions compared to 1990 levels. At least 85% of the target must be met...
