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The road to tomorrow's low carbon economy

30/09/21

Reducing carbon emissions is high on the agenda of governments across the globe. The introduction of carbon taxes, levies and caps will have a major effect on the cost of all goods and services since greenhouse gasses are emitted in all value chains.

The Fit for 55 Package, presented by the European Commission on 14 July 2021, aims to reduce domestic net greenhouse gas emissions by at least 55 percent by 2030. The package introduces three main carbon pricing instruments: the EU emission trading system (EU ETS), the carbon border adjustment mechanism (CBAM) and the energy taxation directive (ETD). This should also enable Europe to become the world's first climate-neutral continent by 2050.

This second ESG animation outlines the potential impact and sketches some possible solutions for an overall business strategy fit for the low carbon economy of the future. So do watch our follow-up ESG animation on carbon pricing and feel free to contact us to discuss your approach.

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0:02:30

Carbon pricing - ESG and Tax

What does the energy transition, the 'Fit for 55 package' and increased carbon pricing mean for your organisation? In this animation, we explain it to you. More animations will follow in the coming weeks, with deep dives into hydrogen, mobility and more. Are you ready for the next step? Let's talk!

This animation is a deep dive into carbon pricing and follows our introductory ESG animation. Watch this and 4 more deep dives on ESG topics!

  1. Carbon pricing
  2. Value chain
  3. Hydrogen
  4. Mobility
  5. Future of Work

For more information on the Fit for 55 package, please visit Fit for 55: EU bets on energy savings and greener buildings to meet climate target.

For more information on the energy transition tax angles and our services, please visit Managing tax and energy transition.

Contact us

Chris Winkelman

Chris Winkelman

Energy - Utilities - Resources Industry, Tax, Partner, PwC Netherlands

Tel: +31 (0)65 154 18 97

Niels Muller

Niels Muller

Partner, Energy transition and sustainable energy, PwC Netherlands

Tel: +31 (0)65 160 08 61

Juliette Marsé

Juliette Marsé

Director (Tax) - Energy, Utilities & Resources, PwC Netherlands

Tel: +31 (0)63 419 61 08

Mohammed Azouagh

Mohammed Azouagh

Manager - Tax, Sustainability and Incentives, PwC Netherlands

Tel: +31 (0)62 380 36 54

Sander Borremans

Sander Borremans

Manager Indirect Taxes, PwC Netherlands

Tel: +31 (0)61 029 42 75

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