Getting the EU ETS reform right for Europe’s energy-intensive industries
The EU has made restoring industrial competitiveness, bringing investment back and securing the future of its energy-intensive industries a strategic priority. The EU Emission Trading Scheme (ETS) revision is the most consequential legislative initiative of this mandate for Europe’s economy. It will shape our investment and production conditions well into the 2030s. We strongly urge the European Parliament and Member States to take the time necessary to conduct a considered and robust revision of the current legislative proposal and to ensure that unconditional free allocation of allowances remains a protection from carbon leakage risk strengthening the business case to invest in Europe.
Open the joint statement of the Alliance of Energy Intensive Industries HERE