Key pieces of the EU’s climate legislation “failed to pass the European Parliament” yesterday, reports Politico. In what the outlet describes as “a series of dramatic votes”, lawmakers refused to adopt positions on the reform of the EU’s carbon market, the introduction of a carbon border tax and the establishment of a Social Climate Fund following “conservative-led efforts to water them down”. MEPs “rejected the final report by lead lawmaker Peter Liese on the expansion and revision of the Emissions Trading System – a key part of the European Commission’s Fit for 55 climate legislation package”, the outlet says, “causing uproar in plenary”. It continues: “Lawmakers then agreed to refer the text, alongside interlinked reports dealing with the carbon border tax and the Social Climate Fund, back to committee. The move to kill the ETS report came after MEPs passed a series of amendments pushed by the centre-right European People’s Party and its allies that would have resulted in weaker emissions cuts than proposed by the environment committee last month and delayed the phaseout of free carbon credits.”
Guest post from Politico