Big business backs EU climate neutrality goal

(EurActiv, 26 Nov 2018) Business leaders have urged the EU to scrap greenhouse gas emissions by 2050 and increase climate ambition in time to stick to the Paris Agreement, in a letter seen by EURACTIV.

CEOs of companies like food giant Unilever, financial powerhouse Allianz SE and power providers Engie and EDF have penned a joint letter to EU climate chief Miguel Arias Cañete, urging him to make sure the European Commission’s 2050 strategy includes a net-zero emissions option.

Cañete is due to announce the long-term strategy on Wednesday (28 November) and EURACTIV understands that it will include eight scenarios from which member states will be expected to pick.

According to EU sources, the strategy survived its first acid test last Thursday (22 November) when a meeting of special experts from each of the 28 Commissioners’ cabinets signed off on the text without making substantial changes.

Heads of cabinet will scrutinise the strategy on Monday (26 November), before the Commissioners themselves meet on Wednesday morning ahead of the big unveiling.

Although a European Parliament resolution from last month and ten EU countries have called on the Commission to include net-zero emission options in its strategy, their inclusion is still not 100% guaranteed.

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EurActiv, 26 Nov 2018: Big business backs EU climate neutrality goal