CEOs Join EU Lawmakers in Urge for Massive Clean Energy PushBy
EU is designing green overhaul to meet stricter climate target
CEOs of Shell, Siemens, ThyssenKrupp ask for ambitious reforms
A group of 40 European Union lawmakers and chief executives across the industry called on the bloc’s top officials to ensure that a planned green overhaul speeds up the deployment of renewables and helps the region’s producers in an unprecedented shift to climate neutrality.
The European Commission needs to show ambition and determination to make the EU’s energy system fit for a stricter 2030 emissions-reduction target, they said in an open letter to Commission President Ursula von der Leyen and the bloc’s climate chief, Frans Timmermans. The EU regulatory arm on July 14 is due to unveil a set of measures to align its economy with the Green Deal, which aims to make Europe the world’s first net-zero emissions continent.