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Volume 54, November/December 2019, Number 6 · p. 324

Forum

Industrial Implications of Decarbonisation

While the US has pulled out of the Paris Climate Agreement, the European Union is stepping up its efforts to meet the terms of the accord. The EU has set climate targets in order to reduce global greenhouse gas emissions by 2050 and keep the average global temperature increase below two degree Celsius by 2100. Increasing the share of renewable energy sources, decarbonising energy-intensive industries and reforming the energy sector are just a few of the various ways that the EU intends to invest in its future.

A Green Deal for Europe would help set ambitious standards and establish an investment programme in future markets while strengthening the European economy and energy security. This commitment will require efficient processes, innovative thinking and policy reforms. Our Forum demonstrates how climate protection and a sustainable energy transition create economic opportunities and environmental benefits for Europe and beyond.


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