PRESENTATION by
Michael STEURER
Warsaw, 21 October 2015
Competitiveness of and development prospects for
EU industry in the context of the European Council's
conclusions and global climate negotiations
EUROCHAMBRES
Association of European Chambers of Commerce and Industry
 45 members associations
 1,700 regional and local Chambers
 20,000 businesses (93% SMEs)
 120,000,000 employees
Towards a global agreement
CO2 emissions* in the top 5 emitting countries
Source: Source: EDGAR 4.2FT2010 (JRC/PBL 2012); BP 2014; NBS 2014; USGS 2014; WSA 2014; NOAA 2012
* from fossil fuel use and cement production
Kyoto 1997
Doha 2012
Paris 2015
Trends in Carbon Pricing
Source: World Bank 2014
The future EU-ETS
Market Stability Reserve
Higher Costs
Source: European Commission
ETS-Reform
Shortened Carbon
Leakage list
Electricity Prices
Source: European Commission
Development of Industrial Production
Source: Eurostat
Expectations for COP 21
• No single country or even continent can combat
global warming alone. Anything less than a global
solution that includes all major emitters will not work.
• Each party needs to adopt and implement clear
national emission targets that are subject to a fair
burden-sharing at global level.
• Investment decisions should be stimulated by
interlinked carbon pricing systems in all major
emitting countries, while the planned Green Climate
Fund will act as effective catalyst for low-carbon
investments in developing countries.
• The transition to a low-carbon economy requires
massive
investments
in
Research
and
Development in order to provide those technologies
that can make change materialise.
Success factors for COP 21
Survey among the Members of the Global Chamber Platform
(September/October 2015):
Recommendations for EU action
In the frame of a successful agreement, the EU and its
Member States
•
should adapt their energy policy without delay to lead
by example. This includes a more cost-effective
uptake of renewable energy and the immediate
provision of adequate infrastructure. At the same
time, the EU needs to recognise the importance of
fossil fuels for security of energy supply.
•
avoid measures that undermine the credibility of
the EU Emissions Trading Scheme (ETS). Only a
well-functioning and pro-competitive ETS will exert a
pull to non-EU countries and expand to a global
carbon market. Sectors at risk of carbon leakage
need to be protected beyond 2020.
Recommendations for EU action
•
need to scale up the mobilisation of climate finance in
the context of meaningful mitigation and adaptation
efforts. In order to attract more private investors, the EU
must support poor countries in strengthening their
regulatory frameworks and increasing business
confidence.
•
must turn the currently vague concept of the Energy
Union into clear and precise actions promoting
competitiveness and the re-industrialisation of
Europe.
CONTACT DETAILS
Thank you for your attention !
Michael STEURER
Advisor, EU Affairs
Energy, Climate Change, Environment
Avenue des Arts 19 A-D
B - 1000 Brussels
Tel: +32 (0)2 282 08 77
Fax: +32 (0)2 230 00 38
steurer@eurochambres.eu
www.eurochambres.eu