Industrial competitiveness key to meeting EU emissions targets - chems trade groups

A competitive European industry and a strategy for energy-intensive sectors are needed to drive the transformations necessary to fulfil EU 2050 emissions reductions targets, chemicals trade groups said on Wednesday. Proposed EU emissions reductions targets to 2050 are likely to see chemicals producers in the region shift to new production processes, such as renewable hydrogen or sustainable biomass-based feedstocks, according to European Commission documents released on 28 November. The Commission’s latest greenhouse gas emissions reduction roadmap includes a variety of scenarios for emissions-reduction in the region, with the most ambitious plans aiming for net-zero emissions by 2050.