Karel Voldřich, Head of Industry Decarbonisation of the International Sustainable Finance Centre talked with the Czech Echo24 about decarbonization of hard to abate industries. The interview explores the repercussions of the RePowerEU plan and the EU Green Deal, including the currently available decarbonisation such as carbon capture and storage (CCS) technology. the repercussions of the RePowerEU plan and the EU Green Deal and decarbonization options on the table such as the carbon capture and storage technology.
„There is a real risk of industry moving to other regions” and what is more, estimated cost of the required transition „in some cases may reach the equivalent of 30 years of annual profits“. That builds a case for stronger state financial support. Decarbonisation without public funding could prove too slow to fulfil the 2030 objectives.
Excerpt from the interview is available here. You can read the entire interview on ECHOPRIME or in the printed edition of Týdeník Echo.
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Second high-level impact lunch in Budapest
The Equilibrium Institute held its second high-level impact lunch in the framework of the project on 2 October 2023.
The Industry Taskforce
The Taskforce will pool key decision makers and power brokers from the region to provide expert input, peer review for research and act as ambassadors of the project.
