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.

The Methanol Institute engaged Amsterdam-based independent consultancy firm studio Gear Up to provide a Lifecycle Carbon Assessment of various methanol production feedstocks and processes based on data supplied by a dozen companies using the European Renewable Energy Directive (RED II) methodology. MI’s Carbon Footprint of Methanol white paper is the first comprehensive study to provide primary source data on the greenhouse gas emissions from the production of methanol from natural gas, coal, and a wide range of renewable feedstocks.

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’s #Fitfor55 2/3. MI 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.

Methanol Institute’s #Fitfor55 3/3. MI conducted a webinar titled Full Steam Ahead: Methanol and Maritime Policy Under EU’s Fit for 55″ on February 15. Speakers from global shipping company A.P. Moller – Maersk, methanol producer Proman, and the European Parliament will share their vision on the regulatory landscape taking shape for alternative marine fuels in Europe and the potential role of methanol in the energy transition of European shipping.