This report outlines a vision of the chemical industry at mid-century and offers an invitation to discuss and debate the urgent decisions we are all facing – the prerequisites to a world that is cleaner, healthier and more inclusive, where the costly transition to climate neutrality has been socially fair, and in which Europe maintains its global relevance.
At their most recent meeting, EU Heads of State or Government postponed decisions on nominating a set of high-level EU appointments, including the position of President of the European Commission. EU leaders will now reconvene for a special meeting of the European Council on 30 June, with the aim of reaching an agreement on a package of candidates. On climate policy, the European Council did not achieve consensus on ensuring climate neutrality by 2050 either. Conversely, it adopted the strategic agenda for 2019-24, setting four priority areas that will guide the work of the EU institutions over the next five years. EU leaders also discussed a wide range of external relations issues, including the situation in eastern Ukraine and the Azov Sea, and reconfirmed economic sanctions on Russia.
The International Energy Agency’s groundbreaking new report on hydrogen, launched this month on the margins of the meeting of G20 energy and environment ministers in Japan, was a key moment for hydrogen, which is enjoying unprecedented momentum around the world.
The International Energy Agency’s biggest ever Global Conference on Energy Efficiency opened in Dublin on 24 June, bringing together government ministers, CEOs and energy experts from around the world to discuss critical topics like financing, policy innovation and digitalisation.
The European Commission has welcomed the publication of the three new important reports by the Technical Expert Group (TEG) on sustainable finance, including key recommendations on the types of economic activities that can make a real contribution to climate change mitigation or adaptation.
This study, requested by the ITRE Committee, provides a critical assessment of the 2017 EU industrial strategy and of the policy measures it comprises. Even though the EU industrial strategy is still a “meta- policy”, it successfully promotes a more integrated and innovative approach. However, it should more clearly identify mission-oriented strategic goals and mobilise the necessary effort and means to reach them.
Today, Climate Action and Energy Commissioner Miguel Arias Cañete, will be in Germany to present the Commission’s long-term vision for a climate-neutral economy by 2050, adopted by the Commission last November.
The aluminium industry is at a crossroad, facing considerable challenges but also tremendous business and societal opportunities. Its goal is to strive for a truly sustainable economy, supporting the Paris Agreement and delivering on the UN Sustainable Development Goals. This requires a deep transformation and renewal of its existing industrial base and assets.
The Sunrise project aims at providing a sustainable solution to mitigate the effects of climate change by developing a sustainable alternative to the production of fossil-based, energy-intensive fuels and basic chemicals. The project is committed to help establish a carbon-neutral circular economy and contribute to a carbon-neutral Europe by 2050.
June 2019: The EU is entering a period of institutional change with a new Parliament and a new European Commission. These institutions will need to develop an agenda that puts Europe on track to end its contribution to climate change by 2050 at the latest while delivering economic and social benefits. This briefing sets out what business sees as five priorities for Europe’s new leaders, identifying the key areas where EU policymakers and businesses must work together to deliver a competitive, prosperous, climate neutral future.