The Government satisfied with the latest European agreement on the carbon market

The agreement, part of the Objective 55 package, touches two sticks: it affects on the one hand the so-called Emissions Trading System. The Council and Parliament have agreed to increase the emission reductions to 62 per cent by 2030 in the sectors covered by this scheme (this reform was considered key to achieving the target of reducing CO emissions by 55 per cent by 2030).₂ from 1990 levels). On the other hand, the Council and Parliament have agreed to establish a Social Climate Fund to help vulnerable households, micro-enterprises and transport users. This fund would be fed from external revenues up to a maximum amount of 65,000 million euros during the period 2026-2032.

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