To ensure we reach net zero emissions by 2040, EU Member States need to phase out fossil fuels and commit to a strong reduction in energy consumption and a transition of our energy system to one that is 100% based on sustainable renewable energy sources (RES) by 2040. The current 2030 EU RES target is not in line with the Paris Agreement objective to limit temperature rise to 1.5°C.
We are deeply concerned about the position taken by the European Parliament's REGI Committee in the negotiations on the Just Transition Fund (JTF), proposing to subsidise new fossil gas investments. The European Commission’s own scenarios for a long term strategy that would see the EU hitting carbon neutrality by 2050 would see demand for fossil gas reduce to 4% in the next 3 decades.
CAN Europe’s submission focuses on the work strands that are currently covered byCAN Europe’s submission focuses on the work strands that are currently covered byCAN Europe, namely the system development under the Ten Year NetworkDevelopment Plan (TYNDP), transparency issues and methane leakage.