- FMA
- The Fabricator
- FABTECH
- Canadian Metalworking
Categories
- Additive Manufacturing
- Aluminum Welding
- Arc Welding
- Assembly and Joining
- Automation and Robotics
- Bending and Forming
- Consumables
- Cutting and Weld Prep
- Electric Vehicles
- En Español
- Finishing
- Hydroforming
- Laser Cutting
- Laser Welding
- Machining
- Manufacturing Software
- Materials Handling
- Metals/Materials
- Oxyfuel Cutting
- Plasma Cutting
- Power Tools
- Punching and Other Holemaking
- Roll Forming
- Safety
- Sawing
- Shearing
- Shop Management
- Testing and Measuring
- Tube and Pipe Fabrication
- Tube and Pipe Production
- Waterjet Cutting
Industry Directory
Webcasts
Podcasts
FAB 40
Advertise
Subscribe
Account Login
Search
European steel industry CEOs pen open letter on EU Emissions Training System
- May 30, 2017
- News Release
- Metals/Materials
Seventy-six CEOs of the European steel industry have sent an open letter to the heads of state and governments of the European Union, ahead of the final negotiations on the reform of the EU Emissions Training System (EU ETS):
“We agree that climate change is a critical issue that urgently needs to be addressed at international level, and we fully support efforts to reduce CO2 emissions cost-effectively across the whole EU economy. In the weeks ahead, you will have the final opportunity to shape an EU ETS that better addresses these objectives while preserving Europe's steel industry and the millions of employees it supports. You can avoid burdening the sector with high costs that will constrict investment or that will increase the risk of job losses and plant closures in the EU.
“The steel sector pulls its weight in lowering CO2 emissions. However, with technically unachievable steel benchmarks, the EU ETS legislation creates high carbon costs for even the best-performing steel plants, despite the fact that the sector has been unambiguously recognized in the European Commission's own Impact Assessment as being at very high risk of carbon leakage. In its current form, the EU ETS favors steel imports from third-country competitors that do not have such costs and which have a far higher carbon footprint than steel made in the EU.
“Were the EU ETS directive to be adopted without some of the improvements requested by the European Parliament, there would be a shortage of emissions allowances for our industry of around 35 percent by 2030. There will be no spare allowances from previous years available to alleviate the impact of the post 2020 period in the steel industry. In addition, the sector would be even more exposed to the carbon cost pass-through in electricity prices. Other industry sectors under the EU ETS do not face these constraints to the same degree.
“We therefore call upon you to help preserve the sustainability and global competitiveness of the European steel industry. Europe must be able to produce the innovative steels that underpin modern society—and that help reduce CO2 emissions.
“It is essential that the improvements that have been agreed by the European Parliament on waste gases, auctioning share, cross sectoral-correction factor, and indirect costs are also adopted by the council. This will help to ensure reform that encourages climate protection and the fulfillment of the EU’s CO2 reduction commitments while also limiting the impact upon the European steel industry's competitiveness, ability to innovate, and the jobs it supports.”
subscribe now
The Fabricator is North America's leading magazine for the metal forming and fabricating industry. The magazine delivers the news, technical articles, and case histories that enable fabricators to do their jobs more efficiently. The Fabricator has served the industry since 1970.
start your free subscription- Stay connected from anywhere
Easily access valuable industry resources now with full access to the digital edition of The Fabricator.
Easily access valuable industry resources now with full access to the digital edition of The Welder.
Easily access valuable industry resources now with full access to the digital edition of The Tube and Pipe Journal.
Easily access valuable industry resources now with full access to the digital edition of The Fabricator en Español.
- Podcasting
- Podcast:
- The Fabricator Podcast
- Published:
- 04/16/2024
- Running Time:
- 63:29
In this episode of The Fabricator Podcast, Caleb Chamberlain, co-founder and CEO of OSH Cut, discusses his company’s...
- Trending Articles
Tips for creating sheet metal tubes with perforations
JM Steel triples capacity for solar energy projects at Pennsylvania facility
Are two heads better than one in fiber laser cutting?
Supporting the metal fabricating industry through FMA
Omco Solar opens second Alabama manufacturing facility
- Industry Events
16th Annual Safety Conference
- April 30 - May 1, 2024
- Elgin,
Pipe and Tube Conference
- May 21 - 22, 2024
- Omaha, NE
World-Class Roll Forming Workshop
- June 5 - 6, 2024
- Louisville, KY
Advanced Laser Application Workshop
- June 25 - 27, 2024
- Novi, MI