2024 - 2029
One that challenges the very foundations of our European societies,
And requires novel thinking.
The European oil and gas industry calls on European political leaders to begin a new chapter of policymaking,
To reconcile resilience, sustainability, and competitiveness.
This forces Europe into an artificial choice between climate and industrial objectives, eroding our industrial backbone while increasing overall emissions.
We offer recommendations inspired by ambition, fairness, and pragmatism.
- Stabilising an increasingly renewable-based energy system.
- Increasing our investments in renewable and low-carbon technologies
- Leveraging our workforce’s global project execution skills to supply Europe with affordable energy alongside the transition.
One that combines ambition, fairness and pragmatism.
The European oil and gas industry is committed to do its part,
By providing Europe with solutions to achieve its climate and industrial objectives,
While protecting Europe’s model of values, climate leadership, and its economic power.