The reform of the EU Emissions Trading Scheme (ETS), which is to take place in the next decade, will mean only a deepening of the current problems for the steel sector throughout the European Union. An unrealistic ambition "Ambitious" is a special word for the European Union’s climate policy. Not only due to its declension in the EU’s documents, but also, because it usually stands for "unrealistic". For over 20 years, the EU concept to create the most environmentally-friendly economy in the world has not changed, and assumes that building its position will be based on more and more abstract goals to reduce carbon dioxide emissions. The EU does not see that the global climate summit in Paris restored the two-pillar format, which is the only scientifically legitimate, way of thinking about the protection of the atmosphere. In Paris, it was agreed that the necessary actions would involve both the reduction of emissions, as well as the natural absorption of CO2. Meanwhile, the EU's climate policy obsessively focuses on solutions of the first group. As a result, the pace at which the EU is running for the title of ‘green leader’ turns out to be truly lethal, and European industry becomes its main victim. The British warning The European producers operating in the energy-intensive industries have long since come to terms with the idea that the increase in costs, associated with restrictive climate policy, will not allow them to become global leaders in this industry. The data leaves no illusions: between 1995 and 2015, industrialisation shifted from Europe to the United States and Asia, whilst global emissions increased during [...]
In a few words
We represent the widely understood Central Europe energy sector (electricity generation, distribution and transmission, renewables, gas, oil, heat generation and distribution, chemical industries, etc.), universities and scientific institutions.