The European CEO Alliance, made up of various industries in the energy, transport and other industrial sectors of the continent, has proposed to the European Commission a review of the main EU regulatory instruments, in particular subsidies for technologies with high CO2 emissions ( mainly coal, hydrocarbons and, to a lesser extent, gas) and requires giving a “strong signal” in carbon pricing in all industries and all countries. That is, to tighten the control of emission prices, an issue that they consider key to achieve carbon neutrality in 2050. It also proposes to accelerate measures to decarbonize mobility and transport, facilitate the transformation of the construction sector and promote the restructuring and renewal of the energy system in all EU states. In the opinion of this group, all these actions require collaboration between the public sector and industry.
The components of this alliance (include Iberdrola, through Ignacio Sánchez Galán, and the Italian Enel, owner of Endesa, represented by Francesco Starace, and the CEOs of Volkswagen, E.ON, ABB, AkzoNobel, Ericsson, H2GreenSteel, Maersk, Philips, SAP, Scania and Schneider Electric) have met this Wednesday in Paris to prepare the recommendations with the aim of being taken into account in the legislative package Fit for 55, prepared by the Commission and which includes measures to reduce greenhouse gas emissions by 55% in 2030 over 1990 and achieve carbon neutrality in 2050. The group, which supports these objectives, is planning a summit in autumn 2021 in the one that will deliver your first tangible results.
Herbert Diess, Volkswagen CEO and group spokesperson, explains the goals: “Climate change will continue to be our greatest challenge for years and decades to come. The CEO Alliance fully supports the EU Commission’s climate targets, to which there is no alternative. Now is the time to advance political discussions to achieve this.In an unprecedented move, the CEO Alliance, with its industry leading companies from across Europe, is demanding a strong signal on carbon pricing that covers all emissions. , in all industries and countries ”.
For this one lobby Industrial carbon should have a price, no matter in which sector it is emitted. In that sense, it calls for a continuous improvement of the EU Emissions Trading System (for energy and heavy industry) and the implementation of additional systems of specific limits and trade that would apply to the mobility, transport and transport sector. building. Another proposal is related to a European carbon pricing system that would include measures to simultaneously achieve social balance and a reduction in emissions.
According to the Alliance, the decarbonisation of mobility, transport and buildings are the main challenges that it faces immediately. In his opinion, “electric mobility for cars, light vehicles and heavy vehicles has proven to be the most efficient technology in terms of energy consumption and emission reduction”. To foster the entire ecosystem around electric mobility, members of the CEO Alliance have initiated cross-sector projects to increase battery production and create a charging infrastructure across Europe. In this regard, the CEOs of Iberdrola and VW, Sánchez Galán and Diess, recently sealed an agreement to develop a battery plant in Barcelona.
On the other hand, this business alliance supports the ambitious objectives set out in the Building Renovation Wave of the European Commission to accelerate the sustainable transition of the building stock. Given this, he claims that all new buildings must meet high standards in terms of energy efficiency, renewable energy and sustainable materials. It also calls for fossil fuel heating systems to be quickly replaced by the deployment of electric heat pumps, district heating and digital solutions. Managers undertake to apply this recommendation in the buildings of their companies.
The CEO Alliance for Europe’s Recovery, Reform and Resilience (its full name) was formed in 2020 in the context of the pandemic and the European Green Deal. Its aim is to make the EU the leading climate protection region, unlocking investment, driving innovations in new technologies and creating jobs for the future. The members define themselves as an “action block” to work together on large-scale cross-sector pan-European projects: EU-wide recharging infrastructure for heavy trucks, integration of EU energy systems (in particular networks), digital monitoring of the carbon footprint, sustainable and healthy buildings for the future, electric buses for Europe, green hydrogen value chains and the development and production of the battery as a storage system. They are also preparing other projects, including one involving low-carbon steel.
“As the European Commission prepares to present its Fit for 55 To reduce greenhouse gas emissions by 55% by 2030 and achieve carbon neutrality by 2050, mobilizing industrial and economic actors will be essential to achieve our climate goals together, ”said Clément Beaune, Secretary of State for European Affairs of the French Government.