In July 2021, the European Commission launched the first tranche of its Fit for 55 packages, a set of legislative proposals to put the EU on track for a 55% reduction in carbon emissions by 2030 and carbon neutrality by 2050. Comprised of thirteen interconnected proposals, Fit for 55 covers climate, land use, energy, transport, and taxation. Our position paper presents a comprehensive breakdown of the Methanol Institute’s views on key elements of the package and provides policy recommendations on behalf of the global methanol sector.

Methanol Institute’s #Fitfor55: Key Implications for Liquid Fuels 1/3 – MI hosted a webinar with industry experts from FuelsEurope, OCI/BioMCN, and the European Commission, to present the role of liquid fuels under the Fit for 55 package. 

Methanol Institute conducted a webinar titled “Fit for 55: Power-to-X in Europe’s Energy Transition” on November 18. Speakers from Cefic, eFuels Alliance, and Liquid Wind presented their thoughts on the role of renewable fuels of non-biological origins (RFNBOs) in the energy transition of the European Union.

The EU’s Fit for 55 agenda can be an opportunity for progress on shipping emissions and the catalyst for greater availability of alternative marine fuels – but the EU must support the industry during the transition.