The European Union’s executive body, the European Commission, presented the Fit for 55 package on July 14, 2021. Under the proposal, member states of the European Union would be responsible for reducing greenhouse gas emissions by 55 percent by 2030 (compared to 1990 levels) before reaching climate neutrality in 2050.
The plan does more than just point the way, though, it provides a roadmap to a greener future. Regulators expect manufacturers to reduce CO2 emissions for cars by 55 percent and vans by 50 percent by that 2030 deadline. Just five years later, in 2035, the package calls for a 100-percent reduction in CO2 emissions by both cars and vans, effectively banning internal combustion vehicles.
