REEF’s strong recommendations for a successful Fit for 55-package
As a response to First Vice President Frans Timmermans of the European Commission, REEF provided our input for the Fit for 55-package on May 31st. We strongly urge the Commission to focus on three deals to make the European energy transition a reality:
1) A system deal to integrate energy systems across value chains;
2) A neighbourhood deal with partner countries outside the union to accelerate the energy transition and roll out renewable energy;
3) A global deal on cooperation to ensure robust and predictable carbon pricing and to prevent carbon leakage.
For more information, see our three deals here.