A 90% Reduction: Mission Impossible?

FETSA’s executive director Ravi Bhatiani explores the EU’s 2040 climate target and implications for the tank storage sector The European Commission has proposed an amendment to the EU Climate Law to insert a 90% greenhouse gas emissions target from 1990s level by 2040. For members of the Federation of European Tank Storage Associations (FETSA), understanding this framework is crucial, as it may dictate investment and strategic decisions for the coming years. The implementation of the proposal will continue the energy transition shift in the EU but does not take into account the strategic needs of Europe in terms of industrial competitiveness […]