In a joint statement released on 30 October, European Shipowners and Transport & Environment (T&E) called upon EU leaders to prioritise clean fuel production as part of the upcoming Clean Industrial Deal.
European Shipowners and Transport & Environment (T&E) stated that the Draghi Report estimates that €40 billion in annual investments will be needed between 2031 and 2050 for the energy transition of shipping.
ECSA and T&E highlight on their statement that the building a supply chain for clean fuels in Europe is a priority for the industry to meet its decarbonisation targets and for Europe to achieve its climate targets.
ECSA and T&E call on the policymakers to:
- Ensure the international competitive advantage of the European industry by positioning shipping, clean energy and technology producers at the forefront of the green transition.
- Accelerate the transition of European shipping by investing ETS revenues into maritime decarbonisation through national and EU investment plans, and by facilitating access to public and private finance.
- Include shipping in an ambitious Clean Industrial Deal, ensuring that at least 40% of clean fuels and clean and innovative technologies needed to achieve EU’s climate targets for shipping are manufactured in Europe.
- Enable shipping’s access to green energy through dedicated supply requirements on fuel producers in European ports.
We urge policymakers to ensure and further leverage this competitive advantage by investing in clean fuels and innovative technologies for the energy transition. We need all hands on deck to maintain industry’s competitiveness and to achieve net zero emissions by 2050.
…said said Sotiris Raptis, Secretary General, ECSA.
To remind, ECSA in September called for all for urgent action on clean fuel supply chain and in a position paper put forward their recommendations to support the uptake of clean fuels in shipping.
The statement comes right after the European Sea Ports Organisation (ESPO) expressed concern about the Commission’s plans for the future EU budget and urged it to further strengthen European transport infrastructure.
