Europe’s energy intensive industries - cement, steel and chemicals - are responsible for around 16% of EU emissions, and 60% of all EU industrial emissions.
In order to get climate neutral by 2050 at the latest, as the EU’s climate law requires, and fight the climate crisis, we must decarbonise EU industry, and especially energy intensive sectors.
What is the EU doing?
The EU is revising its ‘Industrial Strategy’, which aims to guide and strengthen the EU economy. This is an opportunity to put climate action front and centre, so all sectors help achieve carbon neutrality.
What is WWF doing?
WWF is advocating for the Strategy to be a comprehensive plan
which links competitiveness and climate neutrality. It must encourage investment to rapidly shift to zero-carbon technologies and create new markets for low and zero carbon products to reach climate neutrality on time.
The Strategy must:
More on WWF and Carbon Market Watch's ten asks for a new European Industrial Strategy
- Be designed in line with the climate neutrality target, and implement an Independent Observatory to set clear targets and continually monitor EU Energy Intensive Industries’ (EIIs) progresses towards decarbonisation
- Support strong EU and national innovation policies to enable the commercialisation of zero-carbon technologies as soon as possible
- Create lead markets for zero-carbon technologies, by improving e.g. public procurement rules
- Promote circularity and material efficiency for Energy Intensive Industries (EIIs), by introducing e.g. recycling targets
- Implement emission performance standards to drive the race to the top on emissions reductions and facilitate the uptake of zero-carbon solutions
- Support and define sustainable and targeted uses of renewable hydrogen
- Set out clear conditions and strict criteria for the deployment of Carbon Capture and Storage (CCS) to mitigate unavoidable process emissions
- Improve the carbon pricing framework to make polluters pay and to provide an effective incentive for industry to decarbonise
- Implement a Border Carbon Adjustment (BCA) only as an alternative to free allocations
- Ensure a well-designed Just Transition Mechanism, excluding fossil fuel investments