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