Energy and Climate package: Letter to Mr. Jose-Manuel Barroso
Ahead of discussions on the Energy and Climate package, Jean-Pierre Clamadieu, CEO of Solvay, along with 13 other CEOs of energy-intensive companies propose to the President of the European Commission to safeguard the European manufacturing industry's competitive position and its growth by:
- fixing a realistic target regarding CO2 reductions, linked to a target for industrial growth
- not letting the costs of the energy transition weigh on the industries
- including all energy sources in the energy mix, also shale gas
- leaving ETS unchanged until 2020 and to allow for a compensation for emissions until 2030
European manufacturers are pleading for a strong political signal and more visibility to mobilize further investments in Europe.As an international chemical group, SOLVAY assists industries in finding and implementing ever more responsible and value-creating solutions. The Group is firmly committed to sustainable development and focused on innovation and operational excellence. Solvay serves diversified markets, generating 90% of its turnover in activities where it is one of the top three worldwide. The group is headquartered in Brussels, employs about 29,000 people in 55 countries and generated 12.4 billion euros in net sales in 2012. Solvay SA is listed as SOLB.BE on NYSE Euronext in Brussels and Paris (Bloomberg: SOLB:BB - Reuters: SOLB.BR).