The agenda for the next five years promises to be intense, as there is a goal to consolidate a regulatory framework that balances climate ambition with business competitiveness. In the community capital, there was a desire to know how much money was on the table, and Brussels has mentioned the need to allocate 100 billion euros to achieve "short-term relief" through an "Industrial Decarbonization Bank."
Both industries feed into each other, as clean technologies driven by some industries facilitate climate neutrality and contribute to the electrification of traditional industries. The new Von der Leyen Commission seeks to balance sustainability and competitiveness in the new legislature.
The EU is at a crucial moment with the arrival of the new European Commission. Proposals include introducing a European priority in public tenders and facilitating industry access to critical raw materials to develop clean technologies. The plan of the community executive aims to reduce energy costs for the European industry, which faces structurally higher costs than its competitors in the United States and China.
On the other hand, there are new clean technologies, such as innovations in batteries. The Clean Industry Pact and other initiatives aim to reduce energy prices, simplify environmental regulations, and reduce the administrative burden on companies.
Tax relief measures seek to reward energy-intensive industries that invest in their decarbonization. The European Commission aims to lead industries toward electricity to address their higher costs compared to their competitors. The community executive is also focused on simplifying regulations and ensuring European competitiveness in a global market.
In summary, the European Commission has presented several proposals and initiatives aimed at keeping Europe competitive and addressing key issues such as dependence on fossil fuels and the electrification of industries.
