EUROFER Engage | Webinar - Making sense of EU climate policy

A look at EU climate policy and the European steel industry.

EUROFER Engage | Webinar - Making sense of EU climate policy

A look at EU climate policy and the European steel industry.

EUROFER Engage Making sense of EU climate policy webinar

EUROFER's Engage | Webinar - Making sense of EU climate policy will take place on 17 March from 14:30 till 15:45.

 

About the webinar

Making sense of EU climate policy

In 2021, the EU is not only working out how to put an effective Carbon Border Adjustment Mechanism (CBAM) into place, but is also looking at how to reshape the EU Emissions Trading System in line with the EU Climate Law and its 55% 2030 target, promulgated in 2020.

The European steel industry is committed to contributing to EU’s climate and energy goals and European companies have been launching several projects to reduce emissions deeply. Yet, the successful implementation of such projects requires a comprehensive and supportive regulatory framework, including funding support, access to low carbon energy sources at internationally competitive prices and de-risking instruments such as contracts for difference.

Higher climate ambition requires strengthened carbon leakage measures, in particular for sectors at highest risk, such as steel – not their weakening. A CBAM might provide this strengthened carbon leakage protection, but only if it complements free allocation at the level of the current benchmarks and addresses the shortcomings of the existing measures for a transition period. This transition period should run until a market for ‘green’ steel is fully formed.

This webinar will discuss the implications of the EU’s latest moves on the steel industry, as well as how the CBAM should be implemented and its effects on the rest of EU climate legislation.

EUROFER’s views on how steel can support the EU’s climate objectives will also be presented – showing that the steel is well placed to help meet the EU’s climate objectives in the right circumstances.

When & where?

The webinar will take place on Wednesday, 17 March 2021 from 14:30-15:45 online, via Zoom. Registered participants will receive the link.

Who is invited?

The seminar is open to anyone interested in finding out about the impact of EU climate policy on the EU steel industry.

Schedule

Times are indicative only

        14:30 | Presentation

                    EU climate policy, and the example of steel

  • Adolfo Aiello, Director, Climate and Energy, EUROFER (confirmed)

         14:45 | Panel discussion and Q&A

Moderation by Jacki Davis

                     Making sense of EU climate policy in 2021 and beyond

  • Ester De Lange MEP, EPP, ENVI Committee, European Parliament (tbc)
  • Jytte Guteland MEP, S&D Group, ENVI Committee, European Parliament (tbc)
  • Nils Torvalds MEP, Renew Europe, ENVI Committee, European Parliament (tbc)
  • Beatrice Yordi, Director, European and International Carbon Markets, DG Climate Action, European Commission (tbc)
  • Andrei Marcu, Founder and Executive Director, European Roundtable and Climate Change and Sustainable Transition (ERCST) (tbc)
  • Axel Eggert, Director General, EUROFER (confirmed)

         15:45 | End of discussion

 





EUROFER Engage | Webinar - Making sense of EU climate policy starts in:

Register for the EUROFER Engage | Webinar - Making sense of EU climate policy

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Date and time

Wednesday, 17 March 2021, starting at 14:30

Where will the webinar take place?

The webinar will take place online via Zoom. The link will be sent to registered participants in the days before the event takes place.

Who is the webinar for?

The webinar is aimed at anyone interested in learning more about climate policy in the EU and about how it impacts the European steel industry. 

EUROFER speakers

  • Axel Eggert, Director General
  • Adolfo Aiello, Director, Climate and Energy, EUROFER (confirmed)

Speakers from other organisations

  • Ester De Lange MEP, EPP, ENVI Committee, European Parliament (tbc)
  • Jytte Guteland MEP, S&D Group, ENVI Committee, European Parliament (tbc)
  • Nils Torvalds MEP, Renew Europe, ENVI Committee, European Parliament (tbc)
  • Beatrice Yordi, Director, European and International Carbon Markets, DG Climate Action, European Commission (tbc)
  • Andrei Marcu, Founder and Executive Director, European Roundtable and Climate Change and Sustainable Transition (ERCST) (confirmed)

The event is free

This event is free to attend for all participants.

About steel and EU climate policy

A sector striving to reduce its impact on the climate

Climate protection is the focus of much of the European steel industry’s research, development and deployment activity. Continuing the downward trend in energy use and climate-impacting greenhouse gas emissions is essential to ensuring the sustainability of the European steel sector.

The European steel industry is the most advanced of its kind in the world. As it is, Europe leads the way in environmental and climate performance. CO2 emissions and energy use in European steel production have been halved since 1960.

This transition will require significant investment in new technological development and deployment, in energy infrastructure, consumption and type, and will require access to high-quality materials, such as iron ore and scrap. EUROFER works on climate and energy issues to establish how this essential change can happen in the sector, ensuring that Europe remains on track to fulfil its Paris Climate Accords requirements, whilst also making European steel fit for a clean, low-carbon future.

With advanced technologies, and under the right circumstances, the EU steel industry could achieve a revolutionary transformation in the way it makes steel and in its environmental impact. The whole European steel industry is being driven to reduce its direct and indirect CO2 emissions – and could achieve CO2 emissions cuts of 80-95% in 2050 compared to 1990 levels.

However, this change is not an instantaneous shift: it is an iterative process that will require adjustments and a managed transition between phases. Moreover, the investment and research needed to make the transition are enormous, and so EU climate policy will increasingly impact trade because of the need to prevent carbon leakage and ensure a market for green steel in Europe.

The overall transformation would be enabled by hydrogen-based steelmaking, by adapting fossil fuel-based steelmaking through process integration, through the use of renewable electricity in production, and through the capture and use of waste carbon for the production of chemicals and increased recycling of steel scrap and steel by-products.





Published: 01 March 2021. Most recent update: 01 March 2021.
Address

The European Steel Association (EUROFER)
172 Avenue de Cortenbergh
1000 Brussels
Belgium

Contact

Email: mail@eurofer.eu
Phone: +32 (0) 2 738 79 20