A New Industrial Strategy for Europe and the Circular Economy Action Plan – A New Way to See the EU Industrial Value Chains

FuelsEurope supports the goals of the Paris Agreement and the EU’s objective of climate neutrality by 2050, and welcomes the publication of the new Industrial Strategy for Europe and the Circular Economy Action Plan as key enablers for the European Green Deal, projecting EU competitiveness in a global dimension and allowing the deployment of low-carbon technologies.

FuelsEurope’s Vision 2050 is showing that the European refining industry is already developing various low-carbon solutions, from low-carbon fuels to sustainably improving industrial processes, all the while providing affordable solutions to mobility, EU citizens, and the industrial value chains, making a critical contribution to the EU’s 2050 climate-neutrality objective. This is the reason why we finally recommend that the following measures taken after the publication of the New Industrial Strategy for Europe and the Circular Economy Action Plan should be considering all solutions that contribute to meeting the EU energy, environmental, climate and circular economy goals in order to ensure a technology-neutral approach and a level-playing field.