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Using the standard EN 19694-2 and appropriate thresholds for the use of scrap for an EU Taxonomy fit for purpose
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This short paper summarises our proposal for the use of the EN 19694-2 in place of the ETS benchmarks and the modification of the scrap eligibility criteria for the EU Taxonomy. EUROFER has provided a more detailed position in its contribution to the inception impact assessment on the EU taxonomy.
EN 19694-2 in place of ETS benchmarks
The steel value chain is a complex system of interconnected processes producing steel essentially via 2 complementary process routes:
We would like to reiterate that, in order to understand and assess/evaluate the environmental impact of activities of the steel industry, the entire life cycle needs to be taken into consideration, this in line with Article 19 (g) of the regulation. As part of a life cycle approach, it is key to assess the performance along the entire steel value chain, including all inter-connected steelmaking processes, in order to have consistent data and avoid misleading results which would compromise the existence of sustainable steel value chains in Europe.
This paper was updated on 21 October 2020.
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Brussels, 15 July 2021 – The Fit for 55 package, released yesterday by the European Commission, needs a more finely balanced approach to enable the decarbonisation of EU steel industry whilst avoiding the leakage of production and CO2 emissions outside the EU.
Brussels, 12 July 2021 – The European Commission is expected to put forward its Fit for 55 package of climate and energy policy measures on 14 July 2021. The Fit for 55 package is one of the most significant - and largest - groups of measures the EU has ever released in one go. It will completely revise the basis of EU climate and energy policy in attempt to bring it into line with the EU's political ambition.
The Fit for 55 package is one of the most significant - and largest - groups of measures the EU has ever released in one go.