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Commission proposals 'to de-industrialise EU', Eurofer.

Issued at 2014-01-23



"The Commission proposals on energy and climate up to 2030 will do nothing to promote an industrial renaissance, rather they will accelerate the de-industrialisation which is already underway," said Gordon Moffat, director general of Eurofer in response to EU plans announced Wednesday. According to Eurofer, although there is a recognition of a widening gap in energy prices and costs between the EU industry and its competitors, there are no real measure to reduce it.

"No account has been taken of the situation of individual industries as regards availability of technologies to allow them to reduce emissions further. In the case of steel there are no technologies which can be economically applied. The post-2020 targets are simply impossible for the steel industry to achieve. There should be no targets without technologies", the steel lobby stated.


Source: Platts



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