To ensure the Competition Policy’s alignment with the European Green Deal, the state aid regime must be revised, taking the Union’s 2050 climate neutrality and new 2030 GreenHouse Gas (GHG) emission reduction targets, as well as zero pollution and circular economy strategies into account. The Green Deal alignment should be reflected on all state aid regulations and not only on those for environmental protection and energy.
Ahead of the vote of the two lead-committees of the European Parliament on the EU recovery fund, MEPs call for an exclusion of fossil fuels – including gas – from EU public funds, especially the Recovery and Resilience Facility (RRF), in a cross-party letter.
The Energy Charter Treaty is an international agreement that protects foreign investors in the energy sector and allows them to challenge state measures in Investor-State Dispute Settlement (ISDS). The treaty is incompatible with the EU’s climate commitments and the current modernisation process will not fix this, as the necessary reforms are either opposed by other contracting parties or not being discussed.
Green 10 members are calling on the European Parliament to exclude fossil fuels from the EU recovery fund, the Recovery and Resilience Facility, ahead of a key vote in the Economic and Budget committees.