Carbon pricing and buildings: A new trigger for the Renovation Wave?

Buildings are responsible for 40% of the CO2 emissions in the EU. To decarbonise this sector, the European Commission is considering introducing a carbon price. This workshop will look into the opportunities and challenges of this policy, looking at the German case as a first mover in Europe.  

Buildings are responsible for 40% of the CO2 emissions in the European Union. According to the Renovation Wave Communication, to achieve the 55% GHG emissions reduction target by 2030, the EU should reduce buildings’ greenhouse gas emissions by 60%. This can only be achieved by at least doubling the renovation rate as soon as possible. In addition to a substantial recast of the Energy Performance of Buildings Directive (EPBD), the European Commission is also considering to review the Emissions Trading System, including an extension to buildings. The “Fit for 55” package announced for July 2021 will likely see a proposal to cover sectors such as buildings and road transport by an emissions trading scheme. In the context of the building sector, however, some particularities require thorough assessment, such as the low price-elasticity of energy demand, the ownership structure of buildings, and the split incentives dilemma. So what should be the contribution of a carbon price in the policy mix for a decarbonised building sector? Can it trigger a Renovation Wave and a switch to fully renewable heating? What needs to be kept in mind when designing a new carbon pricing scheme for buildings?  

This workshop that we co-organise with the the German Business Initiative for Energy Efficiency (DENEFF), will dive into the subject of carbon pricing in buildings by looking at lessons from Germany, where a recently launched carbon pricing scheme for buildings is hotly debated. 

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EU-ASE at launch of EASAC Report on the Decarbonisation of Buildings

On 2 June 2021, the president of the European Alliance to Save Energy Monica Frassoni participated in the panel discussion for the launch of the report “Decarbonisation of buildings: for climate, health and jobs” by the European Academies Science Advisory Council (EASAC). The webinar gathered policy-makers, researchers and stakeholders to discuss the main findings of the report, offering recommendations for the EU, Member States and local authorities to activate the wave of buildings renovations. 

Among the panelists were representatives of the European Commission and the European Parliament, as well as of the European Investment Bank, the Buildings Performance Institute Europe and Housing Europe.

Read experts of Monica’s speech at this event

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EU-ASE at 6th EEMI Bauhaus webinar

On Tuesday 25 May 2021, the president of the European Alliance to Save Energy Monica Frassoni participated in the 6th edition of the EEMI Bauhaus series, co-hosted of the Energy Efficient Mortgage Initiative (EEMI) and the EMF-ECBC.

Her intervention covered the role that the EU Taxonomy can play, in the broader framework of the European Green Deal, to change, for the better, the political and economic perspectives of economic stakeholders in the EU and globally. Other speakers included Ligia Bodgan, Senior Manager Global Solutions Future Energy Home & eMobility at E.ON, Vincent Mahieu, Head Energy Efficiency & Regulatory Technology at Hypoport, and Hendrik Jan Luikinga , Chief Investment Officer at Woonnu.

The aim of the EEMI Bauhaus is to stimulate and facilitate cross-sectoral brainstorming on the design of a new Industry value chain, bringing together digitalisation and sustainability in support of the development of Energy Efficient Mortgages (EEM).

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EU-ASE at Recovery Fund e Green Deal: quale transizione energetica per l’UE (Italy)

On Tuesday 25 May 2021, the president of the European Alliance to Save Energy Monica Frassoni took part in the webinar “Recovery Fund e Green Deal: quale transizione energetica per la Ue?” organised by Eunews, an Italian media reporting on political affairs of the European Union.

In her intervention, Monica Frassoni mentioned the importance of setting European and national energy and climate targets. She also underlined the key role to attract green investments that will be played by the Taxonomy, the EU classification system for sustainable investments, and the Fit for 55 legislative package that the European Commission is preparing to present on 14 July.

 The other speakers were Martina Nardi, Member of the Italian Parliament and President of the Committee on Productive Activities; MEP Massimiliano Salini (EPP), Member of the ITRE Committee of the European Parliament; and Hans Van Steen, Adviser: Research and Innovation and Energy Efficiency, Dg Energy, European Commission.

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EU-ASE at Le sfide della transizione ecologica (Italy)

On 29 April 2021, president Monica Frassoni participated in the online event for the presentation of Edo Ronchi’s new book “Le sfide della transizione ecologica” hosted by Fondazione per lo sviluppo sostenibile in Italy.

Monica Frassoni underlined that there are still open questions in Europe: the Green Deal is not yet fully acquired, in the Climate Law there are still aspects to be improved and there are many uncertainties linked to the EU taxonomy for sustainable activities.

The debate was also attended by the mayor of Milan, Beppe Sala, MEP Simona Bonafè and Andrea Illy, President of the Regenerative Society Foundation.

Edo Ronchi, an engineer and politician, is one of the most influential campaigners for the ecological transition in Italy. Having served as Minister of Environment from 1996 to 2000 in three different cabinets, he was the first Green politician to hold a cabinet post in the country.

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