Today marks the one-year anniversary of the European Commission’s ‘Fit for 55’ initiative. This climate package is part of the European Green Deal, and it aims to align European climate, transport and energy-related regulations with the 2030 55% greenhouse gas emissions reduction targets. It includes more than a dozen legislative proposals, ranging from a carbon border adjustment mechanism to cleaner transport and energy efficiency. AmCham EU members are fully committed to making the objectives laid out in Fit for 55 work. Given its ambitious goals, this wide-ranging initiative affects numerous policy areas and must be evaluated holistically. For the package to be successful, it must respect the Better Regulation principles, avoid fragmentation, ensure regulatory certainty and be guided by international cooperation and innovation. AmCham EU has recently outlined several examples of how certain policy areas overlap and how they can be made more workable for the private sector. We hope these recommendations will guide policymakers in creating an environment that encourages investment and facilitates the uptake of the technological solutions required for a successful and timely sustainable transition. Read our full Fit for 55 Snapshot here.
Fit for 55 Snapshot
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From fryer to fuel
After frying frites, bitterballen, churros or arancini, many people don’t think twice about disposing of used cooking oil. Yet one litre of waste oil can contaminate one million litres of water, according to the European Commission. At Cargill’s facility in the port of Ghent, Belgium, used cooking oil and other residual oils and fats are treated as raw materials, cleaned and converted into biodiesel for trucks and ships. This puts circularity into practice on an industrial scale at one of Europe’s largest facilities of its kind. Since production began, Ghent’s biodiesel is estimated to have reduced greenhouse gas emissions by 1,188,000 tonnes compared with fossil diesel, equivalent to taking about 550,000 cars off the road for a year. Read the full story on Invested in Europe.
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Making the case for the transatlantic relationship in Washington, DC
From Monday, 28 September to Thursday, 1 October 2026, AmCham EU led a delegation of members to Washington, DC to bring the views of the business community to policymakers in Congress and the administration. Discussions showed that both sides value the stability the Turnberry framework agreement brings. While parts of the agreement remain to be implemented, meetings pointed to the possibility for cooperation on economic security. Implementation will continue to need dialogue between the two sides, which is expected to carry on after the mid-term elections.
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Building trust without slowing innovation
At RAID 2026, Thibaut L’Ortye, Chief Policy and Public Affairs Officer, AmCham EU joined a panel discussion on EU-US regulatory approaches to technology. Taking place on Tuesday, 29 September 2026, the discussion explored how transatlantic cooperation can focus on shared outcomes rather than identical rulebooks, including on cybersecurity, AI safety, consumer protection and resilient supply chains. Mr L’Ortye also highlighted the wider conditions needed to strengthen Europe’s competitiveness.
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