"Factsheet on the Commission's proposal on binding greenhouse gas emission reductions for Member States (2021-2030)", 20 Jul 2016

The modernisation of the economy will stimulate investment and innovation in new technologies and ensure the EU can remain a world leader in renewable energy and be competitive in markets for goods and services such as low-emission vehicles and energy efficiency...[T]oday's proposal, the "Effort Sharing Regulation", sets binding annual greenhouse gas emission targets for Member States for the period 2021–2030 for the sectors of the economy not regulated under the EU Emissions Trading System...These sectors include buildings, agriculture, waste management, and transport accounting for almost 60% of total EU emissions in 2014. Setting the national emissions reduction targets is based on fairness, solidarity, cost-effectiveness and environmental integrity...