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Fit for 55: Fit for Industrial Decarbonization?
This meeting is part of a continuous series organized by ERCST on the European Green Deal, which started on 8 January 2020 right after the European Commission’s EGD was announced. This work stream aims to bring together policymakers and stakeholders on a regular basis to take stock on recent developments in the EGD framework. In July the European Commission is expected to roll out 12 policy proposals as part of its “Fit for 55 package”.
While decarbonization of electric power has progressed due to various incentives as well as technological developments, setting the right framework conditions that would ensure industry put on a decarbonization pathway will be one of the main challenges to 2030 and beyond. The EU ETS, sustainable finance, CBAM, hydrogen, renewable energy, as well as other parts of the Fit for 55 package will be released in July 2021 and will play a critical role.
This session is intended as a roundtable discussion, with short interventions and a strong debate, and will specially look at a number of questions:
- What can be expected from the “Fit for 55” package with respect to industrial decarbonization?
- What is missing from what it is known now ? Are there other measures we need beyond carbon pricing
- What role do you see for carbon pricing?
- Electrification and the role of different technologies in industrial decarbonization by 2030 and beyond?
- What are the impacts that the package may have as a result of the transition?
- What are the solutions that may address negative impacts?
- How to best address just transition?
Meeting Structure
9:30 Welcome and introduction: A. Marcu, Director, ERCST
- Moderation: A. Marcu, ERCST & M. Mehling, MIT
9:35 Panel discussion
- R. M. Petriccione, Director-General, DG Clima (invited)
- E. Maillard, Senior Vice President EU affairs & Diplomatic Advisor to the CEO, EdF
- J. Kirton‑Darling, Deputy Secretary General, industriAll European Trade Union
- J. Goñi del Cacho, CEO & President, Fertiberia
- M. Staffas, Chairman, Eurometaux, President & CEO, Boliden
- S. Mori, Head of Europe, ENEL Group
- I. Miranda, CEO, LafargeHolcim Spain, Vice President, CEMBUREAU
- G. Zachmann, Senior Fellow, Bruegel
Workshop Materials
Upcoming Events
IMO: Approaches to ship decarbonization (COP31)
November 14 @ 16:00 - 16:45The State of the EU CBAM: What makes CBAM a success? (COP31)
November 19 @ 16:00 - 16:45Corporate Sustainability Due Diligence: Ensuring Efficiency and Legal Certainty
November 26 @ 14:00 - 16:00Governance Package: Stakeholder Reactions Event
December 15 @ 10:00 - 12:00Double Launch Event: Integration of Flexibility into the EU ETS
December 16 @ 09:30 - 12:00
Past Events
Advancing Paris Agreement Implementation through Renewable Energy, Nuclear Energy and Carbon Markets (COP31)
November 12 @ 13:00 - 14:00A Vision for the future of EU Carbon Market Governance (COP31)
November 9 @ 17:00 - 18:00Launch Event : Review of the EU ETS – Free allocation investment conditionality
November 4 @ 15:00 - 17:00