EU予算、産業競争力強化のための運輸脱炭素化の活用に失敗

Overview of the EU Proposal for a Multiannual Financial Framework

The European Commission recently unveiled a new multiannual financial framework (MFF), proposing a staggering €2 trillion budget poised to span from 2028 to 2034. Despite the significant sum, concerns have surfaced regarding whether this budget adequately addresses the urgent need for transport decarbonization to enhance industrial competitiveness. Observers suggest that the allocated resources for advancing clean technologies fall short of what is necessary.

Budget Concentrations and Concerns

Central to the proposed budget is the European Competitiveness Fund (ECF), which encompasses €409 billion. However, only €67 billion is dedicated to energy transition and industrial decarbonization over a seven-year period. Alarmingly, €40 billion of this allocation comes from an existing funding tool, leaving an insufficient €27 billion over the full budget period to tackle the pressing needs of clean technology manufacturing.

The Immediate Funding Gap

Estimations indicate that public financing demands for clean technology in the transport sector alone require an annual investment of €39 billion leading up to 2030. This gap raises serious questions about the long-term vision for enhancing the competitiveness of industrial sectors reliant on efficient transportation.

Critical Technologies Under Threat

Support for pivotal technologies, such as batteries and synthetic fuels for aviation and maritime transport, is essential to bolster competitiveness and ensure energy security. Without sufficient funds from the ECF, significant investments in transformative transport technologies are in jeopardy. According to T&E, a lack of funding could thwart the creation of up to 100,000 new jobs in the battery sector by 2030.

Positive Steps Forward Despite Limitations

While the budget proposal raises valid concerns, it does signal a shift towards supporting a green industrial strategy in the EU. Notably, the ECF may provide production grants to promote the manufacture of clean products, a shift from previous budget limitations. Additionally, “Made in EU” requirements grant preferential access to funds for companies utilizing local technologies and suppliers.

Expert Insights and Calls for Greater Action

Bosco Serrano Valverde, a sustainable fuels expert at T&E Spain, noted that while some promising elements regarding production support and local content have emerged, the ECF must be more than a mere proposal. He emphasized the necessity for Europe to enhance and develop value chains centered around clean technologies with the aim of deploying green technologies at scale. A financial structure that falls short risks relegating Europe to non-relevance on the global stage. The sentiment of “too little, too late” persists in discussions surrounding financial commitment.

Challenges Ahead in Climate Investment

Aiming for a 35% target allocation for climate and biodiversity investments does allow for expenditures in renewables, energy efficiency, and climate resilience; however, it remains inadequate to uphold the EU’s climate objectives. Furthermore, potential fossil fuels subsidies are not completely excluded, raising further apprehensions. The dismantling of the LIFE program, the EU’s primary tool for climate action and environmental initiatives, also weighs heavily on future prospects.

Risk of Inefficiency in Infrastructure Development

The welcome addition of duplicating the “Connecting Europe” mechanism brings some optimism, yet the dependence on member states to execute key national rail projects introduces a risk of hampering effective deployment of the EU’s core rail network.

Funding Strategies and Practical Solutions

To bolster the budget adequately, T&E advocates for incorporating previously under-taxed and pollution-heavy sectors, such as aviation and maritime transport. Implementing a kerosene tax across the EU could hypothetically generate €21.25 billion annually, and fuel taxes in the maritime sector might yield around €24 billion per year, drastically improving the financial landscape.

Calls for a Focused Investment Plan

Bosco Serrano underscored the necessity for a targeted, impactful, and predictable investment plan to maintain Europe’s competitiveness, sustainability, and prosperity. He characterized the current proposal as only a modest initial step towards such a vision.

Conclusion: The Broader Implications for Logistics and Transportation

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