Environment ministers back phasing out fossil-fuel cars by 2035 and a €59bn fund to help ease cost burden of new policies on low income earners
The deal makes it likely that the proposal will become EU law. The ministers’ agreements will form their position in upcoming negotiations with the EU parliament on the final laws. Parliament has already backed the 2035 car target.
The climate proposals aim to ensure the EU – the world’s third-biggest greenhouse gas emitter – reaches its 2030 target of reducing net emissions by 55% from 1990 levels. Doing so will require governments and industries to invest heavily in cleaner manufacturing, renewable energy and electric vehicles.costs on polluting fuels used in transport and buildings, though they said it should launch in 2027, a year later than initially planned.
Lithuania was the only country to oppose the final agreements, having unsuccessfully sought a bigger fund alongside Poland, Latvia and others concerned that the new COFinland, Denmark and the Netherlands – wealthier countries that would pay more into the fund than they would get back – had wanted it to be smaller.
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