The industrial sector throughout the world needs to decarbonise. At the same time, no one country wants to incur the costs and risk losing market share to rivals who decarbonise slowly (or not at all!) Hence the EU’s Carbon Border Adjustment Mechanism (CBAM) that imposes costs on carbon-intense imports. This protects clean EU industries while incentivising importers to get going with decarbonisation or lose their European customers. Allegra Dawes … [Read more…]
Industrial Clusters: the logic of co-location now has a new driver, net-zero emissions
Industrial clusters locate plants and factories in one area to share resources, problems and solutions. They already have a long history of collaboration. But the logic of co-location now has a new driver: net-zero emissions. The sectors can range from heavy industry (e.g. steel and cement) to light (food, paper, etc.) The challenge is to make the most of new clean technologies and processes, and at the same time maintain or increase … [Read more…]
New EU Industrial Strategy focuses on emissions, but is it enough?
This month the European Commission released its new EU Industrial Strategy to set the direction of travel for the EU economy in the context of the European Green Deal. Energy-intensive industries – like steel, cement, aluminium, paper and chemicals – account for roughly 17% of EU emissions and have struggled to reduce them in recent years. But Johanna Lehne at E3G doubts the strategy is enough to meet the ambition of becoming the first … [Read more…]
