The European Union is set to transform every corner of its economy — from how people heat their home to the cars they drive — as the bloc uses a massive overhaul of rules to position itself as a global leader on climate change. Every industry would be forced to accelerate its shift away from fossil fuels in order to cut pollution by at least 55% from 1990 levels by 2030, according to proposals to be unveiled on Wednesday, putting the EU on a path to eliminate greenhouse gas emissions by mid-century. The Fit for 55 package would expand the world’s largest carbon market to include shipping companies, eliminate new combustion-engine cars, and slap a levy on imports of steel, cement and aluminum. A solar park in Laudun L’Ardoise, France. It’s the most ambitious multilateral climate strategy ever attempted and would propel the EU far ahead of other major […]