Glass for Europe answered today to the consultation on the EU ETS update in light of the revision of the European Climate targets.
Flat glass is a strategic material for the massive decarbonisation of the EU economy and the European flat glass industry stands ready to embrace the European Green Deal. The necessary adaptation of the EU ETS should mitigate risks of carbon leakage to allow the European flat glass value-chain to flourish. It should also avoid potential trade-offs between sectors of the economy. For instance, deep CO2 emission reductions in sectors such as buildings, will require a production increase of energy efficient glazing.
Rather than setting up a carbon trading system for buildings, Glass for Europe thinks that the current policy framework, namely the Energy Efficiency Directive (EED) and the Energy performance of buildings directive (EPBD), shall be reinforced. If a ETS for building is envisaged, it needs to be independent from the current ETS system and designed to target only the energy consumption for heating buildings. Its objective shall not be to create an extra price signal to consumer, but rather to create a building renovation fund exclusively dedicated to make EU building more energy efficient.
Read the answer to the consultation on the EU ETS update.