Oxera Consulting LLP’s Post

🚨 𝐓𝐡𝐞 𝐂𝐥𝐞𝐚𝐧 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐢𝐚𝐥 𝐃𝐞𝐚𝐥: 𝐖𝐡𝐚𝐭’𝐬 𝐜𝐡𝐚𝐧𝐠𝐢𝐧𝐠 𝐟𝐨𝐫 𝐜𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 🚨 The Clean Industrial Deal under the European Green Deal is not just another policy—it’s a roadmap for transforming industries. Here's what it really means for businesses: 🔋 𝐍𝐞𝐰 𝐑𝐞𝐪𝐮𝐢𝐫𝐞𝐦𝐞𝐧𝐭𝐬 𝐟𝐨𝐫 𝐂𝐥𝐞𝐚𝐧 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲 Companies will need to reduce their carbon footprint by integrating low-carbon technologies like hydrogen, renewable energy, and electrification. Heavy industries (steel, cement, chemicals) will face stricter emissions regulations. Those who adapt early will benefit from new financial incentives and grants. ⚡️ 𝐅𝐚𝐬𝐭𝐞𝐫 𝐏𝐞𝐫𝐦𝐢𝐭𝐭𝐢𝐧𝐠 𝐟𝐨𝐫 𝐆𝐫𝐞𝐞𝐧 𝐏𝐫𝐨𝐣𝐞𝐜𝐭𝐬 If your company is investing in renewable energy or energy-efficient manufacturing, you’ll get quicker approvals. The EU is streamlining permits, cutting red tape for projects that help the climate. 💶 𝐅𝐮𝐧𝐝𝐢𝐧𝐠 & 𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐒𝐮𝐩𝐩𝐨𝐫𝐭 There will be billions in funding available to help companies innovate. Whether you’re a startup in green tech or a large corporation investing in carbon capture or energy storage, there will be direct EU subsidies and grants to support the shift. 📊 𝐑𝐞𝐩𝐨𝐫𝐭𝐢𝐧𝐠 𝐚𝐧𝐝 𝐀𝐜𝐜𝐨𝐮𝐧𝐭𝐚𝐛𝐢𝐥𝐢𝐭𝐲 Expect new regulations requiring transparent reporting on your company’s carbon emissions. Businesses will need to show progress toward sustainability targets or face penalties. This means better tracking of your supply chain’s environmental impact is essential. 🌍 𝐂𝐚𝐫𝐛𝐨𝐧 𝐁𝐨𝐫𝐝𝐞𝐫 𝐀𝐝𝐣𝐮𝐬𝐭𝐦𝐞𝐧𝐭 𝐌𝐞𝐜𝐡𝐚𝐧𝐢𝐬𝐦 (𝐂𝐁𝐀𝐌) The EU is introducing a carbon tax on imports. If you're importing goods with a high carbon footprint (like steel or aluminum), you’ll face higher costs. This levels the playing field for European businesses that follow stricter green standards. 👩💼 𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐄𝐝𝐠𝐞 𝐟𝐨𝐫 𝐆𝐫𝐞𝐞𝐧 𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐨𝐫𝐬 Companies leading in clean technologies will have a first-mover advantage. From renewable energy to circular economy models, businesses that align with the Clean Industrial Deal will gain market share and win over eco-conscious customers and investors. In short, the Clean Industrial Deal is a massive opportunity for companies to innovate and stay ahead. But those that resist will face tighter regulations, higher costs, and risk falling behind in a rapidly greening marketplace. 🌱🚀 #Sustainability #GreenDeal #CleanTech #IndustrialTransformation #ClimateAction #EURegulation #BusinessTransformation

In today's rapidly evolving industrial landscape, the urgent need for a #lowcarbon #transition in heavy industries is more pronounced than ever. RMI's latest report, "Financing the Low-Carbon Transition in Heavy Industry," meticulously outlines a strategic roadmap towards achieving a more sustainable and eco-friendly industrial sector, particularly focusing on #China's steel, cement, and petrochemicals industries. These sectors, notorious for their high #carbonfootprint, are pivotal in the global quest for #carbonneutrality, contributing significantly to global #CO2emissions and energy consumption. The transition to low-carbon alternatives in these industries is not just environmentally critical but also #economically viable, thanks to innovative financial instruments and policies fostering #greeninvestments. The report elaborates on various technological pathways and financial mechanisms that can facilitate this monumental shift, emphasizing the importance of #greenfinance in unlocking the #transition. This includes leveraging energy efficiency, adopting renewable energy sources, and investing in carbon capture and storage (CCS) technologies, amongst others. As we stand at the precipice of a potential green industrial revolution, this report serves as a clarion call to businesses, policymakers, and financial institutions alike to embrace and support the transition towards low-carbon industrial practices. The collective efforts in financing and adopting these green technologies not only pave the way for achieving the Paris Agreement's climate goals but also herald a new era of sustainable industrial growth. The time to act is now, to ensure a prosperous and sustainable future for all. Stewart Dodd Maisie Rose Darren Orbart Oliver Nunn José Fernando Martínez Paz Sarvapali (Gopal) Ramchurn Dong Huynh David Lone Iliad Lubis

In the recent #budget2024 announcement, #sustainability was at the forefront, with a keen emphasis on Green Hydrogen, Bioplastics, and Multimodal Transportation. The budget surely reaffirms the ESG-oriented operational focus of global organizations. #3SC #supplychainmanagement #supplychainoptimization #supplychainsolutions #supplychaintransformation

Our CEO Thomas Reinertsen shares his thoughts on the EU's new Net Zero Industry Act (NZIA). You can also read the whole article (link in first comment)

Europe’s Net Zero Industry Act (NZIA), set to take effect by June's end, aims for 50 million tonnes of annual CO2 storage capacity in EU geological sites by 2030. It also targets strategic Net Zero technologies to meet 40% of the EU's annual deployment needs by the same year. European Commission President Ursula von der Leyen stated that NZIA offers a regulatory framework for rapidly scaling up clean technology manufacturing, meeting rising demand in Europe and globally. Executive Vice-President Margrethe Vestager noted that NZIA will simplify and expedite permitting procedures, enhancing competitiveness. Executive Vice-President Maroš Šefčovič emphasized NZIA's support for strategic sectors. Commissioner Thierry Breton highlighted the EU’s goal to lead the clean tech market, fostering climate neutrality, competitiveness, jobs, energy security, and resilience. He warned that without local production, the EU risks becoming net importers and recreating dependencies. Energy Commissioner Kadri Simson said the energy crisis showed the need to avoid dependency on a single supplier. NZIA, with streamlined permitting and support for innovation, will fortify Europe’s industrial base for the clean energy transition. This will help achieve 2030 renewables and energy efficiency targets while maintaining competitiveness. Separately, the EU and Australia signed an MOU to cooperate on sustainable critical and strategic minerals, enabling the EU to diversify supplies and aiding Australia’s critical minerals sector development. . . Join us in accelerating change! Visit net-zeroclub.co.uk to explore sustainable solutions. . . #netzero #cleanenergy #co2storage

🔝🔝🔝 The Route To Success 🔝🔝🔝 I’m talking About Decarbonising Journey In Hard-To-Abate Industries….. When we talk about the energy transition, the focus often falls on the easy wins—industries that can more readily decarbonise. But what about sectors that are much harder to abate, like heavy industry, aviation, and shipping? These are the backbone of global economies, yet they’re some of the most challenging to decarbonise due to their reliance on energy-intensive processes and high carbon emissions. Progress is happening, though, thanks to fast-evolving technologies like Carbon Capture, Utilisation and Storage (CCUS), hydrogen, and sustainable fuels. However, technological advancements alone aren’t enough to drive the necessary change. It takes a combination of factors to truly make an impact: - **Government Support**: Policies, mandates, and incentives play a crucial role in making decarbonisation feasible for these industries. Without the right regulatory frameworks, many of these technologies would struggle to scale up. - **Funding Availability**: The transition to low-carbon solutions comes with significant costs. Public and private funding are essential to accelerate research, development, and deployment of these technologies. - **Off-Take Agreements**: Long-term agreements between producers and consumers ensure demand for low-carbon solutions, making investments in sustainable technologies more viable. It’s this synergy between fast-progressing tech, governmental initiatives, and financial backing that will help hard-to-decarbonise sectors move towards a net-zero future. There’s no silver bullet, but together, we can make a real difference. Hi, I’m Izabela Santos, and if you like what you see, 𝐟𝐨𝐥𝐥𝐨𝐰 𝐦𝐞 and let’s make the world a better place together! The opinions in this post are my own. #Decarbonisation #EnergyTransition #SustainableIndustries #NetZero #Hydrogen #CCUS #StrategicLeadership #GovernmentMandates #PublicPrivatePartnerships #SustainableFuels

Our new research shows that the UK can achieve net zero carbon emissions by 2044 whilst growing the economy. Delivering this will require a supportive and coherent set of policies and regulations, as well as intensified innovation across the private and public sectors #GrowthZero #NetZero #Sustainability #GreenGrowth

Achieving net zero doesn’t need to come at the expense of growth. Our study shows that policy interventions and market mechanisms can achieve net zero AND drive economic growth

📢 Growth Zero: Reframing Net Zero as a Driver for Growth   Brand new report by Oxera Consulting LLP reveals rapid decarbonisation policy packages could unlock growth for governments and businesses whilst achieving net zero before 2050.   Combining macroeconomic modelling with microeconomic insights, the report explores four levers to achieve net zero as a driver of growth in Germany, the EU and the UK, including private sector innovation, carbon pricing, regulation and fiscal policy.   Discover more here: https://lnkd.in/e9d2DwHx. Boglarka Molnar Dora Fazekas Ioannis Gutzianas Barnabás Benyák

Here comes greener EU! 🌍 EU governments have officially approved the Net Zero Industry Act (NZIA), a groundbreaking law designed to significantly boost the production of clean technology within the bloc. This initiative is a major step towards achieving the EU's net zero targets by 2050 and strengthening its position in the global clean tech market against US and Chinese competition. Key highlights of the NZIA: 🔹 Domestic Production Goal: Ensuring 40% of the EU's clean tech needs are produced domestically by 2030, offering predictability for manufacturers and investors. 🔹 CO2 Storage Target: Setting a benchmark of 50 million tonnes annual injection capacity in EU geological CO2 storage sites by 2030. 🔹 Simplified Procedures: Streamlining permitting processes, reducing administrative burdens, and improving market access to facilitate investment in net zero technologies. 🔹 Public Procurement Focus: Emphasizing sustainability, resilience, and cybersecurity in public procurements for clean technologies. 🔹 Support for Energy-Intensive Industries: Encouraging industries like steel, chemicals, and cement to invest in decarbonisation. 🔹 Net Zero Acceleration Valleys: Establishing clusters of net zero industrial activity within the EU. This landmark Act is expected to reduce dependency on external technology and drive a robust clean energy sector within Europe and ensuring the EU's energy system becomes cleaner and more secure. #greenenergy #techhiring