The revised EU Emission Trading System (ETS) for the period 2021-2030 will be one of the main drivers towards the reduction of Greenhouse gases (GHG) emissions in the power sector and in industry. The new renewable energy and energy efficiency targets will contribute to the same aim, tackling sectors such as building and transport. However, if the 2050 Paris target of carbon neutrality is to be met, it will require the EU to dramatically increase its efforts across the entire economy to cut emissions further and faster.
As European citizens go to elect their new EU representatives, climate policy remains at the centre of the political debate and will be a key issue for the next five years. Policymakers are discussing what options are available to meet environmental targets, while keeping a strong EU economy, maintaining a competitive industry globally and building a larger social consensus.
But what are these options? A further tightening of the EU’s 2030 GHG target? Setting a Carbon Price Floor? Aligning EU energy taxation to climate objectives? Introducing a border carbon tax to avoid imported emissions and force non-EU trade competitors to comply with EU legislation? While policymakers and stakeholders are debating, investors are looking at a “shadow carbon price” to guide their decisions on the medium to long-term.
FleishhmanHillard will host a roundtable discussion to address these questions with some of the key stakeholders in the debate around decarbonisation in advance of the European elections and the construction of the next European Commission, which will shape the next five years.
Beatriz YORDI, Director European & International Carbon Markets, DG CLIMA, European Commission
Andreas GRAF, Associate EU Energy Policy, AgoraEnergiewende
Emmanuel TUCHSCHERER, Director for European Affairs, Engie
Cillian O’ DONOGHUE, Director Energy and Climate Change, Eurometaux
Chaired by Matt HINDE, Senior Vice-President, Head of the Energy and Transport Team, FleishmanHillard
20th May 2019, 12:00-14:00
FleishmanHillard Offices, 35 Square de Meeûs, 1000 Brussels
A lunch will be served from 12.00
For more information and registration, [email protected]. RSVP by Monday 13th May 2019.
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