The European Union Green Deal is deemed the ‘fit for 55’ package. Its aim is to enable the European Union to deliver its commitments to cut emissions by 55% by 2030.
Its aim is to make Europe the first climate-neutral continent in the world.
It will set the EU on a path to reach its climate targets by 2030 in a fair, cost-effective, and competitive way.
China introduces carbon trading
China is putting in a carbon trading scheme, in a bid to cut back on its emissions. It will cover approximately 2,200 power companies, with a step in the right direction.
The scheme will put pressure on Chinese emitters to use less coal and switch to cleaner energy sources. However, this will hurt Australian exports in the future and demand cleaner alternatives from Australia.
Australian Environment Minister duty of care
Environment Minister Sussan Ley will appeal a declaration by the Federal Court that she owes a duty of care to protect children from the effects of climate change.
The eight schoolchildren who are fighting the case to the federal court are concerned about the decision to appeal, with one saying the government was now fighting for the right to cause them harm.