Climate protection is the focus of much of the European Steel Association's work. 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, and the sector has the ambition to further achieve cuts of between 80-95% by 2050, compared to 1990 levels.
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.
The European Commission published, on 21 September 2020, its revision of the EU ETS State Aid guidelines for the compensation of indirect carbon costs for the period 2021-2030.
Brussels, 17 September 2020 – The European Commission has today published its revised target to reduce emissions by 55% by 2030, compared to 1990 levels. While the European steel industry is already hard at work developing new ways to produce carbon-lean steels, the EU needs to implement a set of concrete measures, as soon as possible, to ensure that decarbonisation is achieved while actually ensuring growth and sustainability.
European Commission President von der Leyen today gave her first State of the European Union address, looking back at the achievements of her Commission and forward to her ambitions for the coming months.
The European Steel Association (EUROFER)
172 Avenue de Cortenbergh
1000 Brussels
Belgium
Email: mail@eurofer.eu
Phone: +32 (0) 2 738 79 20
