IOGP written input to the consultation “2030 Climate Target Plan”
This document provides IOGP’s written input to the consultation “2030 Climate Target Plan” which ended on 23 June 2020.
The EU 2030 emission reduction targets need to be accompanied by an enabling and coherent policy framework, including innovation and modernisation funds, that supports the business case to invest in the low-carbon technologies needed to deliver the ambitious EU objectives and to avoid any further delocalisation of European industry, including energy production, to other global locations.
A transparent, holistic, technology-neutral approach is crucial to reach decarbonisation objectives at least cost whilst safeguarding the EU’s global competitiveness, ensuring the security of the energy supply and helping to continue the long-term support from the public for addressing climate change.
Key Points
- Any upcoming revision of the 2030 emission reduction targets must be based on holistic, thorough and transparent impact assessments that need to consider the following elements:
- COVID-19 impact
- Carbon and investment leakage risk
- Understanding the GHG emissions reduction target and avoiding overlapping measures
- Assessing the possible impacts of different policy options for strengthening the EU ETS ambitions
- The EU should ensure that future policies enable all technology solutions and energy carriers to contribute to the 2030 GHG emission reduction targets and 2050 climate neutrality objective
- The advantages and versatility of natural gas should be considered and the use of low-carbon technologies and energy carriers should be strengthened toward 2030
- Low-carbon and natural gas can contribute to the EU’s efforts to reduce emissions from the transport sector
- For the shipping industry, liquefied natural gas (LNG) offers an available solution for short- and long-distance large vessels in the short and medium term, as does clean hydrogen (including ammonia and methanol) in the longer term
- All low-carbon technologies that can contribute to the objective of climate neutrality should be supported, including renewable and low-carbon gases such as hydrogen and biomethane, as well as both nature-based carbon management and CCS and CCU applied in the industrial and energy sectors
- In the longer term, a uniform carbon pricing extended to other sectors (e.g. heating, shipping) has the potential to become the most efficient and cost-effective policy tool to achieve the EU’s climate-neutrality objective
- To scale up CCS, the EU should develop fit-for-purpose policies and regulation
Overview
- Introduction
- EU climate ambition for 2030: Principles to consider
- Sectoral action and potential to reduce greenhouse gas emissions by 2030
- Enabling conditions and other policies
- Climate and energy policy design
- Role of CCS and hydrogen
- Conclusions
- Publications
- News
- Events

Map of CO2 storage Projects in Europe

IOGP Europe position on the EU Industrial Carbon Management

IOGP position paper on the European Commission’s public consultation on the EU climate target for 2040

IOGP Europe feedback on Net Zero Industry Act proposal

Joint industry statement on the EU Taxonomy

IOGP response on Competitive Bidding schemes for hydrogen under the Innovation Fund

IOGP views on the proposed Regulation amending Regulation (EU) 2021/241 as regards REPowerEU chapters in Recovery and Resilience Plans

IOGP response to the consultation on certification of carbon removals – EU rules

IOGP comments to R. W. Howarth and M. Z. Jacobson (2021): How Green is Blue Hydrogen?

Re-Stream – Study on the reuse of oil and gas infrastructure for hydrogen and CCS in Europe

IOGP response to the public consultation on the Energy Taxation Directive (ETD) proposal

IOGP response to the public consultation on the Renewable Energy Directive (RED) proposal

IOGP feedback to the European Commission’s Roadmap on restoring sustainable carbon cycles

IOGP response to the public consultation on the Carbon Border Adjustment Mechanism (CBAM) proposal

IOGP position on the revision of the EU Emissions Trading System (EU ETS) Directive

IOGP response to the public consultation on the Energy Efficiency Directive (EED) proposal

IOGP response to the public consultation on the FuelEU Maritime proposal

IOGP response to public consultation on the revised Climate, Energy and Environmental Aid Guidelines (CEEAG)

IOGP Paper on metric to use for 2030 targets

IOGP response to the roadmap on the modification of the General Block Exemption Regulation (GBER)

Public consultation on the EU Action Plan “Towards a Zero Pollution Ambition for air, water and soil”

IOGP response to consultation on the revision of the Guidelines on State aid for environmental protection and energy (EEAG)

IOGP response to the Inception Impact Assessment on the revision of the Guidelines on State aid for environmental protection and energy (EEAG) 2014-2020

IOGP views on competition policy supporting the European Green Deal

IOGP statement on the European Commission’s 2030 Climate Target Plan

What’s Right? What’s Wrong? IOGP comments on the ‘EU Strategy for Energy System Integration’ and ‘A hydrogen strategy for a climate neutral Europe’

IOGP written input to the public consultation on the Carbon Border Adjustment Mechanism (CBAM)

IOGP views on State aid for environmental protection and energy (EEAG)

IOGP response to the inception impact assessment concerning the revision of the 2018 Renewable Energy Directive (REDII)

IOGP feedback on the update of EU ETS monitoring and reporting rules (2021-30)

IOGP response to supplementary questions on the EIB Group’s Climate Bank Roadmap 2021-2025

IOGP response to consultation on the renewed Sustainable Finance strategy

Funding CCS in Europe: key investments for the recovery

IOGP response to the public consultation on the revision of Regulation (EU) 347/2013 on guidelines for TEN-E Regulation

IOGP response to targeted consultation on the revision of Regulation (EU) 347/2013 on guidelines for TEN-E Regulation

IOGP input to the Roadmap on the EU strategy on hydrogen in Europe

IOGP feedback to the Combined Evaluation Roadmap/Inception Impact Assessment on the revision of Regulation (EU) 347/2013 on guidelines for TEN-E

IOGP feedback to the roadmap for a Renovation Wave initiative for public and private buildings

IOGP input to the forthcoming EU Strategy for Energy System Integration

IOGP response to the EIB Group’s Climate Bank Roadmap 2021-2025

Input to the inception impact assessment on the FuelEU Maritime

IOGP feedback to the proposed European Climate Law

Feedback to the impact inception assessment “2030 Climate Target Plan”

New and old CCS projects in Europe: What’s different this time?

IOGP assessment of National Energy and Climate Plans

Methane Management in the Upstream Oil and Gas Industry: Policy recommendations in the context of the EU Methane Strategy

Scaling up Hydrogen in Europe

IOGP assessment of draft National Energy and Climate Plans

The potential for CCS and CCU in Europe Report to the thirty second meeting of the European Gas Regulatory Forum 5-6 June 2019

LNG – a fast lane to make Europe a leader in clean shipping

OGP contribution to the CCS Directive evaluation

Letter: Strong support for an implementable and pragmatic Net Zero Industry Act Article 18 – solutions to make CCS work

Net-Zero Industry Act marks a step change in industrial and climate policy – EU paves way for carbon capture and storage scale-up

Letter: Open, inclusive, and pragmatic Green Deal Industrial Plan for Europe

Balance, strength and fairness: building blocks for a stronger Union

REPowerEU Plan: domestic gas production deserves stronger role alongside imports and renewables in enhancing EU energy resilience

Re-Powering the EU by protecting well-functioning markets, enhancing strategic partnerships and boosting domestic production

Inclusion of gas in the Taxonomy Regulation supports EU ambition to reach climate neutrality by 2050

Gas market reform marks a step change in EU approach to the transition

New Re-Stream study assesses the feasibility of transport of hydrogen and CO2 in European gas and oil infrastructure

More inclusion needed to be fit for 55

Letter: Call for a technology-inclusive revision of the TEN-E Regulation

“Hydrogen for Europe” study launch

Towards greater hydrogen production capacity in Europe

Letter: IOGP input on the European Commission’s consultation on the priority list for the development of gas network codes and guidelines for 2021 (and beyond)

Council’s inclusive approach to hydrogen sends strong signal ahead of key legislative year

Letter: 57 industry leaders call for enhancing gas contribution to decarbonisation

EU Methane Strategy sets the right sequence to tackle the challenge

Carbon Management Webinars

Wide industry coalition call for a Hydrogen Strategy inclusive of all clean hydrogen pathways

Manifesto: Oil & Gas Industry Solutions Towards 2030 and 2050

Climate change, purpose & doing the right thing: lessons from COVID-19

Guidelines for Methane Emissions target setting

Joint letter: CCS and CCU for the EU’s Industrial Transition

Hydrogen for Europe: 1st Working Group Meeting

IOGP supports the EU’s objective of climate neutrality by 2050

Scaling up the energy transition whilst securing a stable suppy
