EUBA position on the Net Zero Industry Act

EUBA position on the Net Zero Industry Act

The European Bioeconomy Alliance (EUBA), whose activities together represent nearly €2 trillion providing more than 22 million jobs to EU citizens, is coming together to position itself on the ongoing discussions on the Net Zero Industry Act. EUBA’s activities are fundamental to the sustainable production of renewable resources and their conversion into food, feed, fibres, materials, chemicals, pharmaceuticals, and bioenergy through efficient processes and/or innovative technologies.

We would like to congratulate MEP Christian Ehler for securing a large majority in the European Parliament to support the Industry Committee's opinion on the proposed Regulation setting up the framework of measures for innovating and scaling up the manufacturing capacity of net-zero technologies in the EU (Net Zero Industry Act). EUBA welcomes the Parliament's decision to expand the list of strategic net-zero industrial activities beyond those related to energy by including “biomaterials production technologies, including biobased chemical production technologies” in the scope of the Regulation, as set in Article 3a adopted by the European Parliament.

Therefore, EUBA would like to propose the following compromise text for the ongoing trilogue discussions: “biomaterials production technologies, including biotech climate and energy solutions/biotechnologies and bio-based chemical production technologies”.

According to the 2022 Commission report on the Bioeconomy Strategy, the average share of biobased chemical products in the overall chemical market is around 5% and generates €65 billion of value added in 2019, ensuring 500.000 jobs. These numbers prove a significant potential for growth. Among biobased chemical categories, cosmetics, polymers for plastics and surfactants, and construction show promising development.

EUBA believes that supporting a strong biomaterials industrial base should be among the strategic priorities of the Net Zero Industry Act to continue the path of a just and equitable ecological transition.

The EU’s aspirational goal of generating at least 20% of the carbon used in chemicals and plastics from non-fossil sources by 2030 can only be achieved if the role of the biomaterials industry as an enabler to achieve the European Green Deal transformation is recognised.

The development and accelerated deployment of a secure and sustainable supply of net-zero technologies will also safeguard the resilience of the EU's industrial systems while contributing to the creation of quality jobs.

Download the position paper here.

 

Publication date: 
Friday, January 19, 2024