VISION 2050: A Pathway for the Evolution of the Refining Industry and Liquid Fuels
Kindly hosted by Peter Kouroumbashev MEP
Wednesday 5 December 2018 | 18:30 to 20:30 | European Parliament Members Salon
FuelsEurope, in association with the Parliament Magazine, are holding this event on reducing GHG emissions from transport.
Transport, a major sector of our economy, is a critical area as sectors such as aviation, marine and heavy-duty transport can currently hardly rely on alternative technologies to liquid fuels. One single technology will not address the challenge.
For this reason, FuelsEurope developed its Vision 2050 – a long-term trajectory describing how low-carbon liquid fuels progressively replacing conventional fuels could provide a global solution for all of transport, including the most challenging sectors: aviation, marine & heavy-duty road transport.
The Vision 2050 was complemented by a study by Ricardo Plc examining a scenario for a near-full electrification of light duty vehicles and comparing it with a combination of low-carbon liquid fuels and electrification scenario. These two studies show that a low-carbon liquid fuel strategy could reduce net CO2 emissions from transport by up to 87% compared to 2015, similar to that achieved by an ambitious EV scenario. This technology neutral approach would allow many technologies to compete and to contribute to the overall objective of reducing GHG emissions from transport. The study also examined the infrastructure costs, end-user costs and access to raw materials and batteries.
This discussion will address the pressing questions of whether such a low-carbon liquid fuel scenario will be a long-term solution for all transport modes, its affordability for stakeholders and if this strategy would represent an industrial opportunity for Europe to gain leadership in these low-carbon technologies and how all sectors of the European economy must progressively reduce their greenhouse gas emissions to meet the 2050 EU emission reduction targets to address climate change.
- Alain Mathuren, Communication Director, Fuels Europe
- Peter Kouroumbashev MEP, S&D, Bulgaria
- Alexandre Paquot, Head of Road Transport Unit, DG CLIMA, European Commission
- John Cooper, Director General, Fuels Europe
To register your interest, please contact firstname.lastname@example.org | 0044 207 593 5560 | 0044 207 593 5672.
This event is supported by FuelsEurope
FuelsEurope was known until June 2014 as EUROPIA, which was formed in 1989 to represent the interests of Companies conducting refinery operations in the EU with the EU Institutions.
FuelsEurope is a division of the European Petroleum Refiners Association, an AISBL operating in Belgium. This association, whose members are all 41 companies that operate petroleum refineries in the European Economic Area in 2017, is comprised of FuelsEurope and Concawe divisions, each having separate and distinct roles and expertise but administratively consolidated for efficiency and cost effectiveness.
For further information, please visit: www.fuelseurope.eu