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#EUCO leaders have talked through the night on two contentious issues: sanctions against Turkey and raising the EU’s 2030 emissions reduction target.
On thé latter, we’re close to a deal but not quite there yet. Eastern countries want more money for the energy transition.
On thé latter, we’re close to a deal but not quite there yet. Eastern countries want more money for the energy transition.
But they are still stuck on the 2030 climate target as Poland wields its veto, just as it did for the 2050 target.
Last time Poland was bypassed and the target was signed by all except Warsaw. Will they have to do that again now?
Last time Poland was bypassed and the target was signed by all except Warsaw. Will they have to do that again now?
PM #Morawiecki says he’ll only drop his climate veto if #Poland can keep more profits from #EUETS emission trading, reportedly telling the other leaders he’ll lose his job if he returns to Warsaw without this concession (having caved on his #EUBudget veto threat last night).
BREAKING: the raised 2030 climate target has been adopted.
Waiting to get clarity on what concessions were made to avoid a Polish veto. https://twitter.com/vonderleyen/status/1337296607860101120
Waiting to get clarity on what concessions were made to avoid a Polish veto. https://twitter.com/vonderleyen/status/1337296607860101120
#EUCO conclusions finally published.
2030 target will "take account of Member States’ different starting points", "taking into account considerations of fairness and solidarity"
https://www.consilium.europa.eu/media/47296/1011-12-20-euco-conclusions-en.pdf
2030 target will "take account of Member States’ different starting points", "taking into account considerations of fairness and solidarity"
https://www.consilium.europa.eu/media/47296/1011-12-20-euco-conclusions-en.pdf
The Council conclusions specifically mention the use of fossil fuel natural gas as a 'transition fuel' - meaning it could still be eligible for EU funds and be compatible with the #GreenDeal.
And here's compromise with #Poland:
Commission will consider allowing MS to keep more #EUETS revenues. "Imbalances for beneficiaries of the Modernisation Fund in not receiving revenues that are equivalent to the costs paid by the ETS installations in those MS will be addressed"
Commission will consider allowing MS to keep more #EUETS revenues. "Imbalances for beneficiaries of the Modernisation Fund in not receiving revenues that are equivalent to the costs paid by the ETS installations in those MS will be addressed"
#EUCO President @CharlesMichel: "On climate, let’s just say quite a lot of last night was spent discussing this. It wasn’t at all easy because the Commission was very ambitious."
A beaming, visibly relieved (maybe even elated) Commission President @VonDerLeyen says the climate and budget deals reached overnight mark a great day for Europe.
"This puts us on a clear path toward climate neutrality in 2050, and gives certainty to businesses and citizens."
"This puts us on a clear path toward climate neutrality in 2050, and gives certainty to businesses and citizens."
President Michel dodges a question from @FredSimonEU about specifically what cash concessions were made to Eastern Europe in order to end the Polish veto on 2030 climate target.
Michel: "We’ll come back to the #EUCO to continue our discussion on implementation of these measures"
Michel: "We’ll come back to the #EUCO to continue our discussion on implementation of these measures"
