Open Letter on recognising the key role of electrical and industrial solutions in the EU taxonomy
Together with a group of 17 trade associations and companies, eu.bac calls on EU policymakers to recognise the enabling role of electrical and industrial solutions for climate change mitigation and adaptation in the EU taxonomy.
We believe in the ability of European industry to lead and provide the needed technological solutions, while we simultaneously decarbonise our own activities, to tackle global warming. In this fight, electrification and electrical solutions, together with other solutions, will have a key role to play in achieving carbon neutrality. For instance, the rate of electrification in the EU will have to double to reach 60% by 2050. Industrial products and processes will also continue to drive significant energy savings, through the use of technologies such as speed drives, highly efficient contractors and industrial control and automation.