Brussels, 6 February 2024 – The European Commission has released today the much-anticipated Industrial Carbon Management Strategy. ESWET – The European Suppliers of Waste-to-Energy Technology wholeheartedly welcomes this initiative, as it addresses critical aspects of CO2 emissions capture, storage, and utilisation, vital for achieving the EU climate targets. 

Today, the European Commission published two initiatives set to bring Europe closer to its decarbonisation and security of supply objectives. They unveil levers to increase the efficiency and speed of the energy transition. Gas infrastructure operators are determined to support the EU in delivering its climate targets, increasing industrial competitiveness, and improving energy resilience. But we also need assistance in our transition to reach a 90% net greenhouse gas emissions reduction by 2040 compared to 1990 levels.

Bioenergy Europe warmly welcomes the European Commission’s Communication on the 2040 climate targets. A 90% reduction of greenhouse gas emissions is the right response to the threat of climate change and the bioenergy sector is ready to step up.

PRESS INFORMATION

The Socialists and Democrats in the European Parliament have secured a far-reaching new EU legislation that will enhance the transparency and sustainability of investments and clamp down on greenwashing in the European financial sector.