Today, the European Commission presented its revised Industrial Strategy. Unfortunately, the Commission falls short of the European Parliament’s demands for a strategy that puts industrial transformation as the driver of the Green Deal.
Henrike Hahn, Greens/EFA member of the lead Committee on Industry, Research and Energy, comments the strategy as followed:
“Decarbonising our industry is a key building block on the road to climate neutrality and creates jobs. We need to shift from fossil fuel subsidies, free pollution permits and insufficient state aid conditionality, to investing in energy and resource efficiency, the expansion of wind and solar energy and the circular economy, and e-mobility. The Green Deal can make the European Union a leader in energy-efficient and resource-saving industrial processes as well as in cutting-edge technologies such as renewable energies, zero-emission steel and the production of electric cars.
The transformation of the economy needs quick decisions on investments and planning certainty. Many companies in the European Union are ready to invest in sustainable business models, e-mobility and emission-free building materials. The heads of state and government must quickly find an agreement on the economic stimulus package and give the go-ahead for a crisis-proof and climate-neutral industry.“