Sign up | Log in



PR Today

Home >> Press Release

Energy 2030 & European Industrial Renaissance:

Unilateral climate action contradicts 20% industrial target

EUROCHAMBRES is critical of the incoherence between the communications on industrial policy and energy 2030 presented today by the European Commission, arguing that they reveal a lack of governance and coordination between the adminstration’s services.

Energy targets must not hamper growth

“Global warming deserves our full attention. But unilateralism will simply drive energy-intensive industries out of Europe, damaging the EU’s entire economy. Therefore, a new CO2-target must reflect whether or not a binding international climate agreement is reached in 2015. Without creating a global level-playing field, a target of 40% or above would undermine any efforts to reindustrialise Europe”, stated Arnaldo Abruzzini, Secretary General of EUROCHAMBRES.

Regarding the proposed ETS-reform, EUROCHAMBRES welcomed that no further interventions in the EU-ETS are planned before 2021, but criticised the plans for a future allowance reserve. The implementation of this proposal would clearly undermine the market-based charcteristics of the ETS, which would effectively evolve into a CO2 tax.

Chambers welcomed that the Commission abstained from proposing a binding energy efficiency target for 2030. Energy efficiency has to be achieved through economic necessity, rather than mandatory requirements. A new rigid ceiling on overall energy consumption is inappropriate given that economic trends lead to fluctuations in consumption.

Industrialisation and competitiveness interchanged

Having sent a strong signal of intent in 2012 by setting a 20% GDP target for EU industry, the new communication for a European Industrial Renaissance lacks specific or tangible ideas. It also interchanges the notions of industrialisation and competitiveness. In this context, it is perhaps unsurprising that the Council has decided to delay a discussion on industrial policy, which is nonetheless regrettable.

“By cancelling the European Council of February on industrial policy, the Member States sent a message that manufacturing is not at the heart of the EU growth strategy. This vague new Commission communication does nothing to alter that perception”, added Mr Abbruzzini.
For more information, read EUROCHAMBRES’ position paper. ‘’Ten Point-Programme for a stronger industrial base of the European economy’’

Read EUROCHAMBRES’ open letter to European Commission President, Mr Barroso, on EU energy and climate targets for 2030
Or register to EUROCHAMBRES’ event ‘’Towards a business-friendly EU climate and energy policy’’


Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below

Today's  Stories   24 January 2014 Subsribe Now !
• Vietnam suffers harsh climate change impacts Subcribe: Asean Affairs Global Magazine
• 9 dead, 554 hurt in 84 days of Bangkok rallies% Asean Affairs Premium
• Eastspring launches institutional business
Research Reports
on Thailand 2007-2008

• Textiles and Garments Industry
• Coffee industry
• Leather and footwear industry
• Shrimp industry

• Cambodia bourse to get second IPO in April
• Trade turnover enjoys New Year jump
Asean Analysis                    23 January 2014 Advertise Your Brand
• Asean Analysis-January 23, 2014
55% of Filipinos believe quality of life worsened
Asean Stock Watch     23 January 2014
The Biweekly Update
• The Biweekly Update  January 10, 2014

• Asean Stock Watch-January 23, 2014

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

| Terms of Use | Site Map | Privacy Policy  | DISCLAIMER |

Version 5.0
Copyright © 2006-2017 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand