Summary:
Cefic, representing the European chemical industry, supports the European Commission's 'Fit for 55' package aimed at reducing emissions in line with IPCC advice and achieving EU climate-neutrality by 2050. However, it argues the proposal disproportionately shifts responsibility to industry, especially sectors covered by the EU ETS, while lacking sufficient ambition in building renovations and low-emitting transport. Cefic calls for detailed sectoral strategies, regular progress assessments, and support for breakthrough technologies. It favours progressive convergence of climate efforts among Member States but rejects using EU ETS allowances to meet national targets, advocating instead for cost-effective, flexible measures until 2050.
Key Takeaways:
- Sectoral Strategy Necessity: Detailed plans and regular assessments are required for each sector to achieve 2030 and 2050 climate objectives.
- Ambition and Responsibility Balance: Stronger ambition is needed in building renovations and low-emission transport without overburdening the industry.
- Flexibility Among Member States: National targets should reflect cost-effectiveness and allow sufficient flexibility rather than relying on EU ETS allowances.
