- Jul 23, 2021 9:55 am GMT
"Fit for 55 will align our laws with our ambition. We will strengthen the EU Emissions Trading System, update the Energy Taxation Directive, and propose new CO2 standards for cars, new energy efficiency standards for buildings, new targets for renewables, and new ways of supporting clean fuels and infrastructure for clean transport," EU Green Deal chief Frans Timmermans said in May.
It's the first time that a major economy is radically overhauling its climate rules, and is being watched around the world.
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