Will the new von der Leyen Commission deliver on climate policy?
Yesterday, during its first plenary session, the newly elected European Parliament confirmed Ursula von der Leyen as President of the European Commis...
News
Publish date: February 6, 2024
News
Bellona welcomes the decision to support a higher ambition level in the Communication on a 2040 Climate Target, published alongside the Industrial Carbon Management Strategy, where the EU sets its sights towards reducing net emissions by 90% by 2040 compared to 1990 levels, on the lower end of scientific recommendations. However, the suggested target overly relies on the removal of CO2 from the atmosphere and fails to distinguish between removals sequestrated in temporary land sinks and permanent storage. As outlined by Bellona Europa in the past, these must be managed separately due to their fundamentally different characteristics and storage duration.
The 2040 target impact assessment shows that to meet its climate objectives the EU needs to intensify its effort to transition its energy system towards an efficient one based on renewables. Frontloading investments in generation, transmission and direct electrification is crucial to ensure maximum mitigation outcomes. The need to both expand and clean up the EU’s power sector is made clear in the EU’s plans. However, the ability of the power sector to decarbonise and grow to the extent expected requires further clarification and efforts in the coming months. Much emphasis is placed on capturing huge volumes of CO2 directly from the atmosphere, as well as producing electrolytic hydrogen, synthetic fuels, and other synthetic materials – potentially requiring several Germany’s-worth of annual electricity production with often questionable climate benefits. While those processes will very likely have a contribution, the expectations placed on these technologies, which draw significant amounts of clean power from the energy system, will need to be managed in the coming years.
PDF document below.
Yesterday, during its first plenary session, the newly elected European Parliament confirmed Ursula von der Leyen as President of the European Commis...
From July 1st, 2024, to December 31st, 2024, Hungary is holding the Presidency of the Council of the European Union (EU), following Belgium’s tenure....
In October 2023, Bellona Europa announced a new FedEx-backed initiative Ports2Decarb – a project aiming to maximise the role of European sea and rive...
Bellona, together with other 29 members of the industrial carbon management community and umbrella organisations, express its support to the inclusio...
Get our latest news