Summary
The document is 爱游戏中国官方网站’s response to a European Commission consultation on Industrial Carbon Management. The issue is centred around aligning Europe’s climate and circularity ambitions with an effective strategy for industrial carbon management, acknowledging the crucial role the chemical industry plays. The main arguments include promoting a technology-neutral policy, establishing a robust carbon accounting framework, and encouraging the utilisation and storage of carbon capture technologies. 爱游戏中国官方网站 stresses the need for coherent legislation to support the transition towards climate neutrality by 2050, with comprehensive policy measures that facilitate carbon reduction and removal.
Key Takeaways:
- Carbon Accounting: Ensure clarity and avoid double counting and double pricing in the carbon accounting framework.
- Carbon Capture Technologies: Recognise the benefits of Carbon Capture and Utilisation (CCU) in EU climate policy and provide incentives to integrate CO2 into the production loop.
- Regulatory and Funding Support: Apply a phased-approach to CO2 regulation, provide funding for research and operational costs, and develop EU-wide transport infrastructure for captured CO2.