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News Cembureau welcomes EU Green Deal

Cembureau welcomes EU Green Deal

Written by Global Cement staff 02 February 2023
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Europe: The European cement association, Cembureau, has 'welcomed the objectives' of the European Commission's new Green Deal industrial plan. The Green Deal attempts to create a predictable and simplified regulatory environment in which to scale up the production and implementation of net-zero CO2 technologies.

Cembureau also issued its advise for a successful Green Deal implementation. The association said that the framework must match the US Inflation Reduction Act in its provision of tax rebates and other incentives. It said that the plan must establish stable renewable energy prices and rapid permit procedures, with a focus on deployment of renewables at industrial sites. It also called for funding under the plan to finance the development of infrastructure for CO2 transport and storage.

Last modified on 08 February 2023
Published in Global Cement News
Tagged under
  • European Union
  • Cembureau
  • lobbying
  • Inflation Reduction Act
  • EU Green Deal
  • Tax
  • funding
  • permit
  • CCS
  • pipeline
  • Energy
  • renewable energy
  • Electricity
  • costs
  • Sustainability
  • CO2
  • GCW594
  • CCUS
  • carbon capture
  • decarbonisation
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