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Key items of the EU’s local weather laws did not cross the European Parliament Wednesday.
In a sequence of dramatic votes, lawmakers refused to undertake positions on the reform of the EU’s carbon market, the introduction of a carbon border tax and the institution of a Social Local weather Fund following conservative-led efforts to water them down.
MEPs rejected the ultimate report by lead lawmaker Peter Liese on the enlargement and revision of the Emissions Buying and selling System — a key a part of the European Fee’s Match for 55 local weather laws bundle — by 365 votes towards, 265 votes in favor and 34 abstentions, inflicting uproar in plenary.
Lawmakers then agreed to refer the textual content, alongside interlinked stories coping with the carbon border tax and the Social Local weather Fund, again to committee.
The transfer to kill the ETS report got here after MEPs handed a sequence of amendments pushed by the center-right European Individuals’s Occasion and its allies that may have resulted in weaker emissions cuts than proposed by the atmosphere committee final month and delayed the phaseout of free carbon credit.
The ENVI Committee had backed an method that may have slashed emissions in sectors lined by the ETS by 67 % till 2030, up from the Fee’s 61 %.
The place Parliament appeared poised to undertake would obtain 63 %. However that features a slower one-off discount of carbon credit, eradicating 70 million from the market in 2024 and 50 million in 2026 as a substitute of the Fee’s 117 million in 2024. Left-wing MEPs declared {that a} “pink line” as it will lead to extra emissions within the brief time period.
After the conservative amendments handed, the center-left Socialists & Democrats requested a three-minute break — and determined to vote down all the report somewhat than enable a weakened model to cross.
Liese, of the EPP, was livid. “It is a dangerous day for this Parliament,” he mentioned.
S&D chief Iratxe García hit again: “You may’t ask for a vote from the acute proper in an effort to scale back ambition after which ask for our vote in an effort to help it as an entire.”
Karl Mathiesen contributed reporting.
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