European Commission — latest ecology news
Brussels aims to support both decarbonization and the competitiveness of European industry
The European Union is currently learning from its mistakes and has announced new measures
Will the bloc be able to meet its own climate goals amid the crisis?
The calculation is based on the prices of emission allowances within the EU ETS emissions trading system
This involves the manufacture of a wide range of equipment and components, from solar panels to energy storage systems
Such a move could threaten both the mechanism itself and the competitiveness of European manufacturers
Ferrous metallurgy remains the undisputed leader
In particular, this concerns the production of organic chemicals, as well as certain processes in the manufacture of batteries and glass
Officials acknowledged that the system was too broad, cumbersome, and provided too many opportunities for circumvention
Officials want to eliminate loopholes that could allow foreign manufacturers to avoid climate costs
The bloc aims to simultaneously decarbonize and modernize its industry, as well as achieve its climate goals.
The EU's right-wing political forces believe that excessive environmental regulation is stifling business