https://www.npr.org/2021/07/14/1015984262/europe-has-an-ambitious-new-climate-plan-that-imagines-a-dramatic-cut-in-emissio

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July 14, 202111:35 AM ET

THE ASSOCIATED PRESS

The European Union on Wednesday unveiled sweeping new legislation to help meet its pledge to cut emissions of the gases that cause global warming by 55% over this decade.Virginia Mayo/AP

BRUSSELS — The European Union unveiled sweeping new legislation Wednesday to help meet its pledge to cut emissions of the gases that cause global warming by 55% over this decade, including a controversial plan to tax foreign companies for the pollution they cause.

The legislation presented by the EU’s executive branch, the European Commission, encompasses about a dozenmajor proposals, ranging from the de-facto phasing out of gasoline and diesel cars by 2035 to new levies on gases from heating buildings.

They involve a revamp of the bloc’s emissions trading program, under which companies pay for carbon dioxide they emit, and introduce taxes on shipping…