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The organisers of the initiative call on the Commission 'to propose EU legislation to discourage the consumption of fossil fuels, encourage energy saving and the use of renewable sources for fighting global warming and limiting temperature increase to 1.5°C'. The objective of the initiative is to introduce a minimum price on CO2 emissions, abolish the existing system of free allowances to EU polluters and introduce a border adjustment mechanism, while allocating the revenue from carbon pricing 'to European policies that support energy saving and the use of renewable sources, and to the reduction of taxation on lower incomes'.
Under the EU Treaties, the European Commission can take legal action in the areas of climate action, the environment, taxation and common commercial policy. The Commission therefore considers the initiative legally admissible and has decided to register it.