The 2030 European climate policy plansPublished: 1 of March, 2014

The current regulatory instrument applied by the EU to curb the emission of greenhouse gases, the emission trading system (ETS) has for years been suffering from a substantial oversupply and low prices, thus in its current form it is not capable of reaching demanding emission reduction targets. A uniform climate protection "package of proposals" has been composed of the previous concepts to reform the ETS and the 2030 emission reduction targets. Our article we present the system of 2030 emission reduction targets and instruments, drafted by the European Commission in January 2014, to be finalised by the member states during 2014.