The EU must take action to strengthen the competitiveness of energy-intensive industries and help them make the transition to clean industrial processes. In a resolution adopted on Thursday, the plenary notes that energy-intensive industries, such as those involved in the production of chemicals, steel, paper, cement and glass, are crucial to the EU economy and […]
Commission approves €5 billion German State aid scheme to help industries decarbonise production processes
The European Commission has approved, under EU State aid rules, a €5 billion German scheme to help companies subject to the EU Emission Trading Scheme (‘ETS’) decarbonise their production processes. The scheme contributes to the achievement of Germany’s energy and climate targets as well as of the EU’s sustainable prosperity and competitiveness objectives. The German scheme The scheme […]