ECTRI replies to the EC call for evidence on Sustainable Transport Investment Plan

With this initiative, the European Commission aims to frame a strategic framework for energy transition in transport to boost public and private investments into renewable and low-carbon fuels.

ECTRI welcomes the opportunity to contribute to this process and underlines the following 5 key aspects the Sustainable Transport Investment Plan (STIP) should address:

1. Establish a sound impact assessment framework monitoring action under STIP
2. Renaming the initiative ‘Sustainable Transport Fuels Investment Plan’ due to its main focus on increasing renewable and low-carbon fuels production
3. Be mindful of past measures that, while aimed at mitigating GHG with alternative fuels, have led to unexpected negative effects (like biodiesel)
4. When executing impact assessment methods, include 1) a solid R&D agenda and 2) monitoring systems with adaptive management measures – implemented not only by the “Renewable and Low Carbon Fuels Alliance” but also by other private and public stakeholders
5. Consider removing references to high-risk financial products/derivatives as they could generate highly volatile incentives

Read the full position paper here.

Thanks to the ECTRI Task Force EU Policy for contributing to this paper.