[ParlTrack]

Pascal CANFIN, Jan HUITEMA, Véronique TRILLET-LENOIR, Frédérique RIES, Martin HOJSÍK, Michal WIEZIK

Proposal for a directive
Recital 32 a (new)

(32a) In order to achieve climate neutrality by 2050 at the latest as laid down in Regulation (EU) 2021/1119, the EU needs to close a significant investment gap as provided in the Communication 'Strategy for Financing the Transition to a Sustainable Economy'1a. To reach our decarbonisation objective, breakthrough innovation, upscaling of already existing relevant technologies and certified natural carbon removals are needed. To support the in-depth and economy-wide decarbonation in the EU all these three pillars should be addressed by the Innovation Fund, which should be renamed as the Net-Zero fund. _________________ 1aCOM(2021)390 final, Communication 'Strategy for Financing the Transition to a Sustainable Economy'

2022/02/22
Committee: ENVI

Pascal CANFIN, Véronique TRILLET-LENOIR, Frédérique RIES

Proposal for a directive
Article 1 – paragraph 1 – point 12 – point a – point i

Directive 2003/87/EC
Article 10a – paragraph 1 – subparagraph 2a a (new)

By January 2025, all economic operators covered by this Directive shall establish industrial decarbonization plans. These plans shall be carried out at company level and detail measures and related investments for each installation owned by the company. The plans shall be consistent with the objective to achieve carbon neutrality by 2050 at the latest as laid down in Regulation (EU) 2021/1119. Economic operators shall provide evidence of the coherence between the plans and any sectoral roadmaps prepared in accordance with Article 10 of Regulation (EU) 2021/1119. The industrial decarbonization plan shall include: (a) targets and milestones set by the operator to reach, at company level, the necessary emissions reductions to achieve the objectives laid down in Regulation (EU) 2021/1119; (b) measures and related financial and investments plans for each installation owned by the company, in particular identifying installations that will be replaced by new low-carbon technologies, modernised, retrofitted or closed; (c) an explanation of how the measures and related investments referred to in point c will altogether reduce greenhouse gas emissions in order to reach the targets and milestones referred to in point (a); (d) a description of the progress made towards achieving these targets. The attainment of the targets and milestones referred to in point (a) of the previous subparagraph shall be verified by 31 December 2025 and by 31 December of each year thereafter, in accordance with the verification and accreditation procedures provided for in Article 15. If the targets and milestones set in accordance to point (a) are not achieved : (a) The installations that are amongst the 10 % least efficient installations in a sector or subsector in the Union shall no longer receive free allocation; (b) For installations that are more efficient than the 10 % least efficient installations but worse than the 60 % most efficient installations in a sector or subsector in the Union, free allowances shall be reduced by 50 %; (c) For installations falling outside of the two categories described above, free allocations shall be reduced by 25 %. Any allowances that are not allocated due to a reduction of free allocation in accordance with the rules laid down above shall be transferred in the Net Zero Fund.

2022/02/28
Committee: ENVI

Pascal CANFIN, Jan HUITEMA, Véronique TRILLET-LENOIR, Frédérique RIES, Martin HOJSÍK, Michal WIEZIK

Proposal for a directive
Article 1 – paragraph 1 – point 12 – point g

Directive 2003/87/EC
Article 10a – paragraph 8 – subparagraph 3 a (new)

The Net Zero Fund shall also support innovative projects that can achieve significant natural carbon removals certified through the carbon farming scheme and that are compliant with the objectives laid down in Regulation (EU) 2018/841.

2022/03/01
Committee: ENVI

Pascal CANFIN, Véronique TRILLET-LENOIR, Frédérique RIES

Proposal for a directive
Article 1 – paragraph 1 – point 12 – point g

Directive 2003/87/EC
Article 10 a – paragraph 8 – subparagraph 5 a (new)

The Commission shall identify the investment needs based on the industrial decarbonisation plans submitted by economic operators covered by this Directive pursuant to Article 10a, and design the calls for tender accordingly.

2022/03/01
Committee: ENVI

Pascal CANFIN, Jan HUITEMA, Véronique TRILLET-LENOIR, Frédérique RIES

Proposal for a directive
Article 1 – paragraph 1 – point 12 – point g

Directive 2003/87/EC
Article 10a – paragraph 8 – subparagraph 7 a (new)

The Commission shall present every 2 years to the European Parliament and the Council a report outlining the consistency of the projects funded through the Net- Zero fund and the objective of climate neutrality set out in Regulation (EU) 2021/1119, the progress achieved towards the deployment of the investments described in the industrial decarbonization plans, and its action plan for the next 2-years period.

2022/03/01
Committee: ENVI

5 Amendments of Véronique TRILLET-LENOIR related to 2021/0211(COD)

ParlTrack - 2011-2024