|At a glance|
On 28 November 2018, the Commission presented its strategic long-term vision for a climate-neutral economy by 2050.
The strategy shows how Europe can lead the way to climate neutrality by investing into realistic technological solutions, empowering citizens, and aligning action in key areas such as industrial policy, finance, or research – while ensuring social fairness for a just transition. Following the invitations by the European Parliament and the European Council, the Commission’s vision for a climate-neutral future covers nearly all EU policies and is in line with the Paris Agreement objective to keep the global temperature increase to well below 2°C and pursue efforts to keep it to 1.5°C.
More info: 2050 long-term strategy
The two topics that can affect the precast concrete business are energy efficiency (on the energy-use side) and decarbonization of manufactured products (on the emissions side). In particular, the threats are linked with the idea throughout the document to “replace currently used materials based on fossil fuels by ones with less carbon content or with biomass”. Biomass is linked with (temporary) carbon storage and then promoted as an alternative for several uses, including construction products. In terms of opportunities, it is recognized that demolition and replacement is a solution for the worst performing part of the building stock.