Joint letter – ICC reform and expansion risks diverting ETS Revenues from real climate action
In light of the European Commission’s ongoing considerations to amend the ETS State Aid Guidelines, revising the rules for Indirec...
News
Publish date: May 28, 2024
News
Brussels, Belgium – The upcoming Commission’s mandate from 2024 to 2029 is already being hailed as the “mandate of implementation” for climate policy. While Europe stands at the precipice of a critical phase in the implementation of the Green Deal and with the European Elections one week away, Bellona Europa has just published its Roadmap for 2024-2029 “Climate infrastructure, science-based policy making and well-functioning markets for a net-zero Europe”.
As Europe transitions from planning to action, three key areas should be prioritised by the new Commission to achieve the European Union’s climate targets:
«Climate targets must be reached by industries leading this shift by actions rather than words, becoming global leaders and winners of low carbon production. As the world’s biggest single market, Europe can and must contribute to this race to the top, where its transitioning industries can compete in markets for decarbonised products. The EU can accelerate this, leveraging its economic pull to ensure climate impact is key criterion for traded goods and services.»
Jonas Helseth
Executive Director
Reaching the European target of being the first climate neutral continent by 2050 is not an ideological choice, but a global necessity. With the fight against climate change at the top of the global agenda, the European Union must build on the progress made in the past five years.
European industries need to lead this transition, becoming global leaders of low carbon production. By doing so, the EU will pave the way for the development of a global low-carbon market by making climate technologies more accessible globally, while simultaneously striving towards climate neutrality and beyond.
In light of the European Commission’s ongoing considerations to amend the ETS State Aid Guidelines, revising the rules for Indirec...
The 5th Industrial Carbon Management (ICM) Forum took place this year on 8-9 December in Athens, Greece, co-hosted by the European Commission an...
Today, the European Commission published a series of Carbon Border Adjustment Mechanism(CBAM)-related documents including two legislative proposals a...
Today, the European Commission published its European Grids Package, presented as an upgrade of the EU’s energy infrastructure to lower bills and boo...
The European Commission is set to publish the the Grids Package on December 10th, the different legislative proposals and secondary legislations rela...
Get our latest news