Lecture on the EU climate package «Fit for 55»
In collaboration with the research group for Natural Resource law, Environmental law and Development law, the student organization Enviro arranged a lecture on the EU climate package "Fit for 55" on 11 November.
The climate package «Fit for 55» was launched on 14 July 2021 as part of the European Commission's European Green Deal and in line with EU climate law. The package's radical overall goal is to cut 55% of greenhouse gas emissions by 2030, compared to 1990 levels, and to make Europe the world's first climate-neutral continent by 2050. Ursula von der Leyen, President of the European Commission, called it "Europe's man on the moon moment" .
«Europe's man on the moon moment»
More specifically, "Fit for 55" proposes regulation in a number of areas. Firstly, it proposes to gradually introduce a Carbon Border Adjustment Mechanism (CBAM) from 2026 to become fully operational in 2036. In addition, it proposes emissions cuts of 61% within the EU quota market and 40% outside the quota market in sectors such as transport, construction, agriculture, and waste, by 2030 compared with the 2005 level. Finally, it proposes stricter emission requirements for cars, that the percentage of renewable energy in the EU energy mix be increased to 40 % by 2030, and that climate neutrality be achieved in forestry and agriculture by 2035. A social climate fund, regulations in aviation (RefuelEU Aviation) and shipping ( FuelEU Maritime), and energy taxes on aviation fuel and heavy oil are also proposed.
To talk about "Fit for 55", Enviro and the research group invited Leigh Hancher from Tilburg University and the Florence School of Regulation, who talked about the package's content and implications in Europe, Gunnar S. Eskeland from the Norwegian School of Economics (NHH), who talked about the economic impact in Norway and on business, and Ignacio Herrera Anchustegui from the research group for Natural Resource law, Environmental law and Development law, who talked about Carbon Border Adjustment Mechanism (CBAM). Finally, there was a round of questions with the participants.
The research group thanks the student group Enviro Bergen for a well-conducted event, and looks forward to more exciting collaborations in the future.