The climate-friendly transition of Europe’s energy-intensive industries
Summary
The document argues that emission reductions of 80% or more are possible in Europe's energy-intensive industries through process, product, and business-model transformations, provided there is strong public policy support and funding for innovation.
Key insights
- Deep emission reductions of 80% or more are technically possible by 2050 in the chemicals, steel, and cement industries, though most easy emission reductions have already been achieved.
- A successful low-carbon transition requires a three-pronged approach involving transformations of processes, products, and business models, supported by public policies that reduce capital costs, foster innovation, and create markets via public procurement.
- New low-carbon process technologies must reach commercial readiness by 2030 to enable EU-wide deployment by 2050, with the EU Emissions Trading System (ETS) Innovation Fund identified as a key tool to manage the high capital and risk requirements of these technologies.
Cite the original document
- APA
- Carbon Market Watch (2016). The climate-friendly transition of Europe’s energy-intensive industries. https://carbonmarketwatch.org/publications/policy-brief-the-climate-friendly-transition-of-europes-energy-intensive-industries/
- Chicago
- Carbon Market Watch. The climate-friendly transition of Europe’s energy-intensive industries. 2016. https://carbonmarketwatch.org/publications/policy-brief-the-climate-friendly-transition-of-europes-energy-intensive-industries/.
- Wikipedia
- {{cite report |author=Carbon Market Watch |title=The climate-friendly transition of Europe’s energy-intensive industries |date=24 May 2016 |url=https://carbonmarketwatch.org/publications/policy-brief-the-climate-friendly-transition-of-europes-energy-intensive-industries/ |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{carbonmarketwatch2016climatefriendly, author = {{Carbon Market Watch}}, title = {{The climate-friendly transition of Europe’s energy-intensive industries}}, institution = {Carbon Market Watch}, year = {2016}, month = may, url = {https://carbonmarketwatch.org/publications/policy-brief-the-climate-friendly-transition-of-europes-energy-intensive-industries/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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