The 9th Refining Forum finds the EU refining Vision 2050 and Commission Strategic Long-Term Vision aligned on the important role of liquid fuels and CCS to reduce GHG emissions from transport and industry
The ninth edition of the EU Refining Forum, which took place on 7 December, allowed in depth discussions between the Commission, Member States, Experts and Industry on the Commission Strategic Long-Term Vision and the refining industry’s Vision 2050, its long term strategy for low-carbon liquid fuels. The participants recognised the important role and share of liquid fuels in the 2050 energy mix for mobility, and of CCS as a key technology for Energy Intensive Industries (EIIs) to meet the 2050 objectives. Industry called for an EU-wide ambitious industrial policy to enable EU industry to deploy the low-carbon technologies required to reduce its GHG emissions, supported by a robust sustainable finance package and a policy framework that addresses the challenge of embedded carbon in imported products, to attract investments in the EU.