Confederation of European Paper Industries
-A +A

News/Events

Highlights

CEPI/EFPRO Young Researchers call for candidates

The 4th joint EFPRO - CEPI ESR Workshop will take place on 17th November 2015 (13:00 – 17:00 hours). Have a look at the call for candidates and the application form!

 

CEPI is looking for a press and media officer!

Read the job description

 

Fresh or Re-cycled Fiber? Is one or the other more sustainable?

New report by the Forest Solutions Group of the WBCSD

 

European Paper Recycling Awards 2015

The call for candidates is open!

 

Subscribe to RSS

latest news.
26 Jun.2015 ,

China is not a market economy, confirms new in-depth study

CEPI is a member of the new AEGIS alliance, which published the following press release regarding China's Market Economy Status:

EU industry: China's state capitalism is biggest threat to European jobs
Several hundreds of national, regional and sectoral five-year plans, pervasive state control over businesses, subsidies that have doubled over the past five years, and dumped exports financed by state-owned banks – these are only some examples of how the People’s Republic of China controls its industry.


A newly published, independent study by THINK! DESK China Research & Consulting demonstrates the extent of China’s state-planned economy in unique detail. Professor Dr. Markus Taube, author of the study, concluded that: "China is not a market economy; state planning and subsidisation are in China’s DNA".


The study was presented today by the European industry alliance AEGIS EUROPE to Members of the European Parliament. AEGIS EUROPE is an alliance of over 25 European industrial associations committed to continued investments in European production and jobs.
The study supports the view that China does not merit the ‘Market Economy Status’. If the EU would grant such status, as requested by China, its ability to act against heavy Chinese dumping would be severely undermined. From the perspective of European industry, over the next few years this would result in the loss of millions of EU jobs, green production and innovation.


Milan Nitzschke, spokesperson of AEGIS EUROPE, reacted: "If the EU wants to maintain and develop a viable, innovative industry, it cannot grant Market Economy Status to China. The European Commission must start immediate discussions with its major trading partners, which are facing the same issues with China”.


A summary of the study, Assessment of the normative and policy framework governing the Chinese economy and its impact on international competition, can be downloaded here. The full study can be found here.
For more information visit the AEGIS EUROPE website: www.aegiseurope.eu


Contact: info@aegiseurope.eu

Read more

25 Jun.2015 ,

Two Team winner gets EU funding

The PROVIDES consortium recently received a substantial subsidy from the Bio-based Industries Initiative (BBI JU). The consortium focuses on developing environmentally friendly alternatives to chemical solvents in the European pulp and paper industry by means of Deep Eutectic Solvents (DES). Coordinated by ISPT, the industry-driven PROVIDES project is also financially supported by 18 industrial partners. The BBI subsidy means the project can go full steam ahead with the further development and industrial implementation of these innovative green processes.


The project is of high interest to the paper and pulp industry as it offers a new, environmentally friendly technology to isolate high-quality cellulose fibres and lignin from lignocellulose. The innovative technology can potentially reduce CO2 emissions in the papermaking chain by 20%.


“The subsidy is great news for the industry,” says Math Jennekens, R&D Director at Sappi Europe, one of the consortium‟s industrial partners. “The DES technology will bring an enormous breakthrough in our industry and strengthen our position as a pivotal sector in the development of the bio-based economy. It‟s therefore important, in this pre-competitive stage, that the technology is developed in a form of cooperation that brings universities and institutes together with the European pulp and paper industry.”


“The PROVIDES project is an excellent example of what industrial cooperation can bring,” says Tjeerd Jongsma, Director of ISPT. “The original approach taken in CEPI‟s Two Team Project competition brought forward the best ideas industry-wide. The next step is an open innovation setting with broad participation of the major European industries to bring this idea to realization. For me, this is proof that the joint European paper industry will be able to cope with global competition „head-on‟.”


“The role of ISPT in the consortium formation is truly exemplary,” says Ekhard Beuleke from Omya International AG, Switzerland. “ISPT provided us with support, as well as with pre-discussed „standardised‟ draft contracts and agreements, which made it much easier and less time-consuming to align all the many different partners in the consortium.”


The PROVIDES project will benefit from the knowledge and expertise on DESs that has already been built up over the past few years. Technical University Eindhoven (TU/e) recently produced the first hydrophobic DES. The PROVIDES project can use these insights to remove detrimental hydrophobic components from wood and paper for recycling. Progress has also been made by TU/e and VTT, both partners in the consortium, on lignin-dissolving DES. This will be further developed in the context of the project.
----------------------------------------------------------------------------------------------------------------------------
FOR THE EDITOR
About the PROVIDES project
Green alternative
Deep Eutectic Solvents (DESs) are nature-based, renewable, biodegradable, low-volatile and cost-effective. When used for producing high-quality cellulose fibers in paper-making applications, they are extremely energy efficient, particularly because they do not require high temperatures. They offer a groundbreaking new method for the pulping of many different lignocellulosic materials for producing chemical pulp, pure lignin and other chemicals.
PROVIDES consortium
The PROVIDES consortium consists of 18 industrial partners in the pulp and papermaking chain, complemented by ISPT as coordinator, and Technical University Eindhoven, CTP and VTT as knowledge partners. Consortium partners come from all over Europe: Austria, Belgium, Finland, France, Germany, Netherlands, Portugal, Sweden and Switzerland.
PhD research
As part of the PROVIDES project, three PhD students from Eindhoven University of Technology (Netherlands) are carrying out research in close collaboration with the industrial partners from the pulp and paper industry. These projects focus on the use of DESs for the recycling of paper, lignocellulose fractionation and recovery processes. The research group is the first in the world to systematically screen possible DES mixtures, and has already reported several new ones.
CEPI Two Team Project competition
In 2012, the Confederation of European Paper Industries (CEPI) organized a competition in which two teams – independently and in competition with each other – worked for a year on finding new breakthrough concepts to achieve 80% CO2 reduction by 2050. Each team presented four concepts. The winning concept was Deep Eutectic Solvents (DESs). For more information, see www.unfoldthefuture.eu and this document.
About ISPT
The Institute for Sustainable Process Technology unites industry, universities, research organizations and SMEs in order to accelerate innovation and ultimately transform process technology into a green, clean, efficient endeavour. In addition to developing knowledge, the Institute fosters the demonstration and application of new technologies. More information: www.ispt.eu.
About BBI
The Bio-Based Industries Joint Undertaking is a new €3.7 billion Public-Private Partnership between the EU and the Bio-based Industries Consortium (BIC). Operating under Horizon 2020, it is driven by the Vision and Strategic Innovation and Research Agenda (SIRA) developed by the industry. 50% of the PROVIDES partners are member of BIC. More information: www.bbi-europe.eu and www.biconsortium.eu.
Photo and caption
Group photo by ISPT – „PROVIDES consortium‟
Logo of the BBI, official H2020 requirement to add this logo to all publications.
Contact:
Lisa Groothuis e-mail: lisa.groothuis@outlook.com Ph: +31 (0)33 700 0799

Read more

08 May.2015

Global Forest and Paper Industry Releases Policy Statement on Paper Recycling

The International Council of Forest and Paper Associations (ICFPA) released its policy statement on paper recycling. The statement was approved at the ICFPA’s annual meeting held on May 5th in Washington, D.C.

The full statement is available at http://www.icfpa.org/uploads/Modules/Publications/icfpa-statement-on-paper-recycling.pdf.

“Forest and paper associations around the world recognize the importance of paper recovery for recycling,” said outgoing ICFPA President Donna Harman. “With this policy statement, we are encouraging national governments to pursue best practices to enable recovered fiber to find its highest end-use.”

The global paper recycling rate stands at about 58%. Some developed countries have achieved as high as 70 to 75%. Many developing countries are establishing infrastructure to help improve paper recycling rates.

The statement calls for educating citizens on the importance of recycling, allowing the marketplace to determine recovered fiber’s best end-use, and ensuring functioning waste markets while respecting national contexts and systems. The ICFPA believes that extended producer responsibility (EPR) systems “should not be a preferred choice where existing markets for collections and reuse of recovered paper are efficient and effective.” Instead, improved sorting of waste should be prioritized to increase and ensure the quality of recovered fiber.

The ICFPA’s statement is the latest in a series of policy statements underwritten by its members associations. All ICFPA policy statements are available at icfpa.org/resource-centre/statements.

The ICFPA represents more than 30 national and regional forest and paper associations around the world. Together, ICFPA members represent over 90 percent of global paper production and half of global wood production.

For more information about the sustainability of the global forest and paper industry, visit icfpa.org.
 

Read more

29 Apr.2015 ,

Strategic choices for ETS Post-2020: Allow energy intensive industries to be competitive and grow in Europe

The Alliance of Energy Intensive Industries, representing over 30.000 European companies and 4 million jobs, wishes to be an active contributor in the upcoming revision of the EU ETS. This paper contains Alliance proposals on carbon leakage protection, free allocation principles and competitiveness under ETS Phase IV to ensure simple, fair, predictable and effective rules i.e.:
- Carbon leakage protection needs to be the first element of the ETS revision based on the same criteria and assumptions as under Phase III, as well as on technically and economically achievable benchmarks;
- An EU-wide harmonized system must be put in place, which fully off-sets direct and indirect costs at the level of the most efficient installations in all Member States; therefore, no cross-sectoral correction factor should be applied to free allocation;
- Allocation methodology must be closely aligned with real/recent production levels;
- Innovation support must be extended to industrial sectors;
These principles are fully compatible with the March and October 2014 European Council Conclusions and reflect the industry contribution to the Commission questionnaire, following the meeting with Commissioner Arias Cañete in February 2015. Those principles are further detailed below.


Best industrial performers must not be penalized by ETS allocation rules
The concept of declining free allocation for industry is in contrast to the need for full protection against carbon leakage and should not serve as a justification to reduce protection. The limit on the total issuance of allowances in ETS sectors defined by Heads of State and governments covers both free allocation and auctioning. They did not impose a decrease of free allocation as such. On the contrary carbon leakage provisions should be improved in order to encourage carbon-efficient production and growth in Europe, and allocation must be guaranteed at the level of realistic benchmarks. Only predictable and effective carbon leakage measures will enable companies to invest in innovative solutions in Europe.


Accordingly there should be no direct and indirect cost at the very least at the level of most efficient European installations in sectors at risk of carbon leakage.
The effect of the cross sectoral factor (CSCF) is that even the best performers cannot achieve these levels due to economic, technical or thermo-dynamical limits. Ignoring this turns the EU ETS into a penalty system rather than an incentivising system.
For that reason, all our sectors call for a deletion of the CSCF, in accordance with the European Council conclusions of 23-24 October 20141.


Current carbon leakage assessment methodology remains valid
The carbon leakage risk will not decrease and may well increase on the contrary:
- It can currently not be expected that there will be a large breakthrough in negotiations at international level that would lead to climate policies, imposing equivalent carbon costs for industries located in competing regions.
- Meanwhile, the GHG reduction target will be increased to 43% for EU ETS sectors compared to 2005 levels (meaning that the cap will be tightened)
- The Market Stability Reserve will result in rapid carbon price increases.
All Energy Intensive Industries should receive full protection at the level of the benchmark. Consequently, the quantitative and qualitative carbon leakage risk assessment criteria and assumptions as defined in 2008 remain fully valid and must remain unchanged. Energy Intensive Industries are characterised by long investment cycles. The carbon leakage list must only be updated at the beginning of each trading period.
Also, since the risk of carbon and investment leakage remains as acute as ever for EU industry, introducing differentiation in the level of protection will lead to unequal and incomplete protection for sectors at risk, and could have negative repercussions on EU industrial value/supply chains.


Establishing technically and economically achievable benchmarks
The benchmarks should be updated maximum once, ahead of each trading period to provide planning certainty for participants, decrease the administrative burdens and provide an appropriate reward for those that have invested in emissions efficiency.
The update of the benchmark values should be based on data collection from the EU companies. The process of establishing benchmarks must be as transparent as possible. If in a sector, no relevant changes in technology have taken place, such sector can request a simplified approach for data collection.
These benchmarks have to be representative for the sectors and based on representative technologies that have been adopted by the European market. Over-ambitious benchmarks artificially increase costs to industry overall and de facto undermine the effectiveness of the carbon leakage provisions. The current rules are already very stringent, as benchmarks are set according to the average of the top 10% most efficient installations in the sector; hence, even without the cross-sectoral correction factor, around 95% of the installations have to purchase allowances.


Indirect carbon costs need to be fully compensated throughout Europe
The current implementation of carbon leakage measures to deal with indirect carbon costs has resulted in a fragmented approach as eligible sectors exposed to electricity price increases due to carbon costs may only receive from few Member States a partial financial compensation. This creates an uneven playing field in the internal EU market, and creates a disadvantage for those installations that are not receiving any, or only partial, compensation, vis-à-vis extra-EU competitors.
While designing the new system, several measures/principles should apply:
- EU-wide harmonized system, which fully off-sets indirect costs (100% of the CO2 cost-pass through in electricity prices) at the level of the most efficient installations in all Member States and reflects most recent production levels. Sectors with a fall-back approach should also be properly treated.
- Cost compensation could be assured using different complementary mechanisms (free allocation and/or harmonised financial compensation).
- Mechanisms should ensure predictability over the entire trading period by being described in the revised directive. The current system is unpredictable, as it relies on a state aid compensation assessment, and is granted annually, digressive and uncertain for future years.
- The eligibility assessment for such an EU-wide scheme should be based on a consistent methodology that identifies qualified sectors on the basis of their exposure to indirect carbon costs or their total electro-intensity.
- As indirect costs arise from the price setting mechanism prevailing in the power sector (marginal price setting), an EU-wide compensation scheme should be in place without delay.
For the longer term, the Commission should also assess the possibility of redesigning the electricity market in a way that prevents carbon cost pass through in electricity prices to sectors at risk of carbon leakage.


System based on real/recent production must replace the ex-ante straightjacket approach
Moving to an allocation methodology closely aligned with real/recent production levels would provide the required allowances at the level of the benchmark to companies expanding or restarting production to avoid undue costs, help prevent over- or under-allocation, stop rewarding ETS participants for moving production overseas and ensure simplified and fairer rules as regards new entrants, capacity increases or decreases, plant rationalisation and partial cessation. For example, the reference period could be the rolling year n-2. The required production data are already available as verifiers have to ascertain the activity data needed for the allocation. The bureaucratic burden will be therefore minimal.
For installations covered by fall-back approaches as opposed to benchmarks, emission reductions resulting from efficiency measures should not result in a penalty.


Creating a reserve for growth
To ensure sufficient availability of allowances for free allocation for industry, a reserve for growth would be needed. This reserve for growth would act as a buffer to ensure predictable access to both free allocation and auctioned allowances.
There are several ways to operate this proposed reserve for growth:
- It can be filled with unused free allowances due to lower production in phase III, back-loaded allowances, un-allocated allowances from New Entrants Reserve. Then it can provide allowances for growth in case of higher production.
- In addition, the Market Stability Reserve could also be used as the source for granting such allowances, if it would be designed as a sink for unused allowances from which allowances could be released for said purpose.


Support to innovation
The extension of innovation support to industrial projects is welcome. However, it should not happen at the detriment of carbon leakage protection by reducing or limiting the amount of free allocation. Industry exposed to carbon leakage risk will struggle to invest or innovate without predictable efficient carbon leakage protection.
The revenues from auctioning should be reinvested for low carbon technology support, as foreseen in the ETS Directive, or energy efficiency, but more importantly they should be used by Member States to stimulate economic growth and relevant R&D investments. Innovation funding under EU ETS should be allocated to energy intensive sectors appointed in Annex I of the directive. The NER400 should be technology-neutral and refer instead to R&D and deployment of new technologies for those Annex I sectors.
In order to achieve a realistic policy and to allow for effective reduction of emissions, there is a need to identify the abatement possibilities in the industry (linked to technological, thermo-dynamic and physical/chemical limits that cannot be overcome due to feedstock, process emissions and lack of break-through technologies). Some sectors have already developed 2050 decarbonisation roadmaps, in which transformation technologies are mentioned. A dedicated fund taking into consideration these abatement possibilities will bring innovative technologies (e.g. industrial breakthrough technologies, including CCS and CCU for industry) forward and secure buy-in of industry sectors.


Industry needs an objective impact assessment for Phase IV ETS
In light of the better regulation policy of the new Commission, an objective impact assessment on the different European energy intensive industries is crucial, taking into account their ability to reduce emissions (low carbon roadmaps). Any flawed impact assessment could lead to wrong policy decisions for the energy intensive industries in Europe.

 

---------------------------------

1 See legal opinion on article 2.9 by Luther of April 2015

Read more

14 Apr.2015

5th European Paper Recycling Awards call for candidates is open!

The European Recovered Paper Council (ERPC) launched a call for candidates for the 2015 European Paper Recycling Awards. The awards will identify projects, initiatives and campaigns that contribute to Europe’s sustainability through activities supporting paper recycling. Winners will be announced at the official awards ceremony taking place at the European Parliament on 14 October.

Now in their fifth edition, the awards are open to all entities based in Europe, including schools and universities, NGOs, national and regional authorities, companies and associations.

Read the press release here.

To apply, please visit the ERPC website at www.paperforrecycling.eu

Read more

09 Mar.2015

Open letter to Jean-Claude Juncker on the withdrawal and renewed discussion of the circular economy package

CEPI together with other representatives from industry, NGOs, municipalities and public service providers addressed an open letter to Commission president Jean-Claude Juncker. In this letter, they underlined the importance of publishing a new Circular Economy proposal within a short timeframe. According to the co-signatories, this would enable our European economy to rebound through the creation of a circular economy.

Read more

18 Feb.2015

RISI Announces New Event Partnership with CEPI

Cooperation between the groups will mean better programmes for both RISI's 2015 European Conference and CEPI’s European Paper Week.

Boston, 11 February (Press Release) – RISI, the leading information provider for the global forest products industry, today announced a new event partnership with the Confederation of European Paper Industries (CEPI). The agreement will enhance the programme for both RISI’s 2015 European Conference and CEPI’s European Paper Week. It also provides discounts for CEPI members to enable them to attend both events.

"RISI and CEPI share a long history of serving the needs of the European paper industry. This agreement will allow us to combine our resources and provide critical information to those operating in this market. Both events will present critical information to help our clients and constituents navigate these troubling economic times," said Iain Murray, Vice President of Conference Services at RISI.

As part of the new agreement, RISI economists will present at CEPI's European Paper Week and speak on market trends, challenges and opportunities in the European pulp and paper market. In turn, CEPI will provide commission updates and Marco Mensink, Director General of CEPI will present on “A Survival Guide to Europe.” This presentation will discuss the current issues in Europe affecting the European pulp and paper industry.

RISI's European conference will take place from March 9-11 in Amsterdam, Netherlands at the Hilton Amsterdam Hotel. The European Paper Week will take place 17-19 November 2015 in Brussels, Belgium. More details will be available at www.cepi.org/epw at a later stage.
 

About RISI (www.risi.com)
RISI is the leading information provider for the global forest products industry. The company works with clients in the pulp and paper, packaging, wood products, timber, biomass, tissue and nonwovens industries to help them make better decisions.

Headquartered in Boston, MA, RISI operates additional offices throughout North and South America, Europe and Asia.

About CEPI (www.cepi.org)
The Confederation of European Paper Industries (CEPI) is a Brussels-based non-profit organisation regrouping the European pulp and paper industry and championing industry’s achievements and the benefits of its products. Through its 18 member countries (17 European Union members plus Norway) CEPI represents some 515 pulp, paper and board producing companies across Europe, ranging from small and medium sized companies to multi-nationals, and 940 paper mills. Together they represent 23% of world production.

Website: http://www.cepi.org/ mail@cepi.org

 

Read more

16 Jan.2015

Henri Vermeulen takes on ERPC chairmanship

The European Recovered Paper Council (ERPC) has announced the appointment of Henri Vermeulen as chairman, taking over from Beatrice Klose (Intergraf). Mr Vermeulen is Vice President Paper for Recycling of the Smurfit Kappa Group and represents CEPI in the EPRC. His ERPC chairmanship began on 1 January 2015 and he will remain in this position until the end of 2016.

The ERPC was set up as an industry self-initiative in November 2000 to monitor the progress towards meeting the paper recycling targets set out in the 2000 European Declaration on Paper Recycling. In 2011, the ERPC committed itself to meeting and maintaining both the voluntary recycling target of 70% in the EU-27 plus Switzerland and Norway by 2015 as well as qualitative targets in areas such as waste prevention, ecodesign, and research and development.

Read the full press release on the ERPC website at: http://www.paperforrecycling.eu/newsmanager/96/79/Henri-Vermeulen-takes-on-ERPC-chairmanship/

For more information, please contact the ERPC Secretariat, Ulrich Leberle, at +32 2 627 49 23, erpc@cepi.org.

Read more

03 Nov.2014

European forest sector calls for continued efforts for a future Legally Binding Agreement on forests in Europe

The Secretary Generals of the key European forest and forest-based sector associations, namely CEPF, CEPI, AEBIOM, CEI-Bois, Copa-Cogeca, ELO, ENDE, Eustafor, FECOF, UEF and USSE have adressed a letter to the Ministers responsible for Forests and Forestry in Europe, on the occasion of the Forest Europe Expert Level Meeting on 6-7 November 2014 in Cuenca Spain. In this letter, they are calling for a continued and strenghtened effort for a future Legally Binding Agreement (LBA) on Forests in Europe.

Read more

11 Sep.2014

Alliance of Energy Intensive Industries renews calls for ‘carbon leakage’ protection

The Alliance of Energy Intensive Industries (AEII) has published an open letter  to the heads of State and Governments of the EU Member States, the European Parliament, the Council of the European Union and the European Commission on carbon leakage. CEPI is part of this alliance.


The 2030 climate and energy framework must guarantee predictability for industry by setting the principles for measures against carbon and investment leakage now.


The undersigned manufacturing industries are the foundation of Europe’s economic fabric, drivers of jobs and growth in Europe. We represent over 30 000 companies in the EU with more than 4 million direct jobs, and around 30 million jobs in our manufacturing value chains.


The EU should focus on promoting recovery and growth of industrial production in Europe, in line with the objective to reinstate industry’s share of EU GDP to 20% by 20201. European industries need a stable and long term legislative framework that effectively combines EU climate ambition with EU industrial competiveness.


Current carbon leakage provisions under the EU Emissions Trading Directive, if not revised rapidly, will result in a huge shortage in free allowances and increasing direct and indirect costs (the pass-through of carbon costs into power prices) for even the most efficient installations in Europe. In the period from 2021 to 2030, when the provisions against carbon leakage and free allocation would be phased out, our industries are expected to face hundreds of billions of Euros in direct costs and costs passed through in electricity prices.2 The impact on energy intensive industries will simply be overwhelming.


Knowing that the Commission will be looking at “an improved system of free allocation of allowances with a better focus” for 2021-2030 is not enough. Industry needs a clear outline of policy measures to effectively prevent the risk of carbon and investment leakage.

The Commission’s legislative proposals currently only cover EU ETS structural reforms, which increase both carbon prices as well as the unilateral burden on EU industry, and expose EU jobs and growth to aggravated carbon leakage risk. Unfortunately, the Commission intends to publish proposals to prevent carbon leakage only at a later stage.


This is contrary to the guidance resulting from the March 2014 European Council, instructing the Commission “to rapidly develop measures to prevent potential carbon leakage in order to ensure the competitiveness of Europe's energy-intensive industries”, and this to provide by October 2014 “the necessary stability and predictability for its economic operators”.


The European Parliament stressed in February 2014 “that the 2030 climate and energy policy targets must be technically and economically feasible for EU industries and that best performers should have no direct or indirect additional costs resulting from climate policies; [that] the provisions for carbon leakage should provide 100% free allocation of technically achievable benchmarks, with no reduction factor for carbon leakage sectors.” 3
We therefore urge the European Council to give guidance at its summit on 23/24 October confirming that carbon leakage measures will be continued after 2020, as well as outlining the principles for the level of protection in order to safeguard predictability, investment certainty, jobs and growth in Europe:


Until a global agreement on climate change provides for a level playing field for energy intensive sectors at risk of carbon and investment leakage, best performers should not be penalised by direct or indirect additional costs resulting from the framework. This implies:


- Truly 100% free allocation based on technically and economically achievable benchmarks (including heat and fuel based benchmarks), reflecting recent production, and without a correction factor.
- Harmonized off-setting of all CO2 costs passed through into electricity prices in all Member States.


The Market Stability Reserve must only be considered in conjunction with the above measures, instead of through piecemeal approach.
The undersigned energy intensive industries are all at risk of carbon and investment leakage and therefore must be safeguarded through the above measures
.


These measures provide the essential signal towards industry for predictability and investment certainty, and secure an environmentally and economically sound EU ETS which does not distort the market. We strongly believe that these measures, together with strong innovation funds to support breakthrough innovation in industrial technologies and processes, will offer a win-win situation for the global climate and the European economy.4
 

------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

1 European Commission Communication "For a European Industrial Renaissance", COM(2014) 14/2
2 The Commission expects a price of €40/tCO2 in 2030, modelling presented by Point Carbon expects ca. €48/tCO2 (source: www.ceps.eu/taskforce/review-eu-ets-issues); Climate Economics Chair calculates a price of up €70/tCO2 in a high scenario in its report EU ETS reform in the Climate-Energy Package 2030: First lessons from the ZEPHYR model, Paris 2014.
3 European Parliament resolution of 4 February 2014 on the Action Plan for a competitive and sustainable steel industry in Europe (2013/2177(INI))
4 The agreement on the reform of the EU ETS between the Dutch government, industry and NGOs proves that a compromise and a balanced solution between the pillars of EU sustainable policy – growth, jobs, and environmental protection – is possible by applying an allocation more closely linked to economic reality e.g. a dynamic emissions trading system.

Read more

Pages

Subscribe to our newsletter