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Energy & Climate

EU Co-Chair: Olav Aamlid Syversen, Statoil
U.S. Co-Chair: Michael Roman, Exxon Mobil Corporation
Staff Contact: Cosimo Avesani

Energy resources fuel the global economy both literally and figuratively. Energy is a factor in all products and production and therefore constitutes a powerful force influencing global markets. The U.S. and EU have worldwide, multifaceted, and comprehensive energy policy goals. Energy is irreversibly tied to climate. In this realm, transatlantic coordination of energy policies and climate action targets could yield substantial results, as both the U.S. and EU are the world’s leading energy consumers.

Energy Efficiency Task Force:

The Energy & Climate Working Group has an issue specific Task Force on Energy Efficiency.  Learn more here.

Objectives:

The TABC Energy and Climate Working Group addresses an array of complex issues that arise in the energy domain while working towards regulatory cooperation and market liberalization in the field. The Working Group was initially formed under the European-American Business Council (EABC) to provide input and briefings for U.S. and EU government officials around the meetings of the EU-U.S. Energy Council and its working groups, which it continues to do. The WG is also involved in providing feedback on energy discussions in the Transatlantic Trade and Investment Partnership (TTIP). The WG also agreed on other energy priorities:

WG priorities:

  • Climate Policy (CCS, COP21, ETS, emissions performance standards, FQD, hydrocarbon BREF)
  • Energy Efficiency (in cooperation with the Energy Efficiency sub-WG)
  • EU Energy Union and Governance
  • EU-U.S. Energy Council
  • G7 Energy Ministerials and G20
  • Liquefied Natural Gas (LNG) and crude oil exports from the U.S.
  • Renewables
  • Sanctions pertaining to US & EU energy sector and supply chain
  • TTIP Momentum
  • Unconventional Resources (shale gas, tight oil etc.)

Instruments (used in Washington and Brussels):

  • Events and briefings (i.e. with principals of the EU-U.S. Energy Council)
  • Position papers and letters
  • Bilateral meetings with policy makers (MEPs, European Commission, U.S. administration)
  • Collaboration with and highlighting messages that have been agreed by sector associations and related organisations
  • Facilitation of initiatives aimed at giving officials greater knowledge of the energy business (e.g. hold forums for U.S. and EU officials on specific topics or facilitate company contacts for field visits by stakeholders)

Papers & Submissions