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Decarbonisation price signals and a level playing field for all the available energy supply options are essential to tackle emissions and increase efficiency, both for consumers and emitters. The price of products must internalise their total environmental cost so those with a lower carbon footprint become more competitive.

We applaud the increased climate ambitions of the Union, but we have to emphasise that setting a goal of climate neutrality by 2050 still is to take unacceptable risks. Emissions have to stop much earlier. The consequences of being wrong about how high atmospheric CO2 levels can be before irreversible effects set in are Catastrophic. EU climate policy should follow the precise principle (cf.

Filed in Swedish · English published by the European Commission

IBERDROLA welcomes the “Fit for 55 Package” The Green Deal though the “Fit for 55 Package” offers a unique opportunity to set a proper regulatory framework that boosts momentum on the most efficient renewable alternatives to enable decarbonisation and the achievement of EU climate objectives.

The full internalisation of the environmental costs is required to give consumers a price signal to incentivise the purchase of products with the lower carbon footprint (cheaper) and reduce GHG emissions efficiently. To this end, it is also important that emitters receive correct price signals to reduce emissions and undertake effective measures to reduce emissions.

Option 1 (“full legal scope for the EU ETS”) is the best of the proposed option. CORSIA does not reduce CO2 emissions at all but only future climate compensation. The damage is already distorted, the concentration of CO2 in the atmosphere has increased with all the disastrous consequences it will entail. Climate compensation does not prevent these consequences.

Filed in Swedish · English published by the European Commission

We are concerned about this proposal, as it sends the wrong signal as to the Union’s determination in the transition to a zero-emission economy. Allowing investment in new fossil energy infrastructure would lead to an inherent conflict of objectives in REPowerEU. The initiative aims to reduce dependence on fossil energy and diversify energy supply.

Filed in Swedish · English published by the European Commission

IBERDROLA welcomes the revision of the Recovery and Resilience Facility (RRF) in terms of the revenues needed to finance the REPower EU Package The REPower EU package represents an ambitious step towards EU energy independence and resilience, while accelerating the energy transition.