Climate and green energy

With The Shift, companies and other organisations are actively committed to reducing their emissions and helping build a climate-neutral future. Science Based Targets are an important benchmark, but other methods compliant with the Paris Climate Agreement are also viable. Either way, the goal is clear: climate neutrality by 2050 at the latest. And that starts with reducing emissions, not offsetting them.

To ensure a reliable energy supply in 2050, the system needs deep-rooted reform. This means that the government must phase out financial support for fossil fuels, for example by eliminating tax breaks and subsidies for big polluters. Moreover, the dirtiest fuels such as diesel and kerosene should be taxed more heavily, so that we achieve a fairer price level that incentivises market efficiency and innovation.

By investing now in technologies that enable the transition from fossil fuels to renewables, Belgium can position itself more strongly in the global market while increasing its energy security and autonomy. This not only benefits the economy, but also strengthens our geopolitical standing.

Instead of temporary measures, we expect a clear policy that provides companies and organisations with the necessary ambition, clarity and legal protections for the long term. To cope with high energy prices across Europe, the policy should focus on boosting investment in renewable energy sources and promoting industrial efficiency so that the Belgian economy remains competitive in an ever-changing world.

“At VELUX, we consume the same amount of electricity today as we did in 2010, while growing by 240%. We achieved this by first investing heavily in energy conservation – the smartest fuel available – then switching completely to renewable electricity and saying goodbye to gas almost everywhere in Europe. We are now targeting complete electrification of our vehicle fleet before 2030. Yes, that takes time, energy and substantial investment, but it pays for itself within 4.5 years on average and makes us ready for the future. This will not only make us more financially resilient, but also more attractive to customers and talent. Just a matter of common sense and foresight.”

Sabine Pauquay
Public Affairs Director
VELUX