In Focus: Coordinating Climate Policy in the European Union

The European Union has come a step closer to enacting its landmark Fit for 55 climate package. The European Parliament approved a carbon border tax, a revised emissions trading market, and a new fund to support vulnerable households. These policies aim to help the European Union reach its goal of reducing emissions by 55 percent by 2030 compared to 1990 levels. In this installment of In Focus, Resources for the Future University Fellow Åsa Löfgren, an associate professor at the University of Gothenburg in Sweden, shares her thoughts on how coordinating climate policy in the EU can help decarbonize the industrial sector.