Tuesday, April 16, 2024
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EU wants to ensure “fair and just” green transition

The EU Commission opens an investigation into subsidies for Chinese electric vehicles.

European Commission President Ursula von der Leyen said Wednesday that the EU was committed to a “fair and just transition” to a carbon-neutral future. The Union plans to seek compromises between handling the climate change and concerns of entrepreneurs and farmers.

Ms. von der Leyen addressed the European Parliament, saying Brussels would “support European industry”. She also added that the EU will speed up obtaining permits for wind power installations.

“Starting from this month, we will hold a series of clean transition dialogues with industry. From wind to steel to electric vehicles, our ambition is crystal clear: the future of our clean tech industry has to be made in Europe.”

The Commission President also announced an investigation into subsidies for electric vehicles coming from China.

Europe is open to competition, but not for a race to the bottom. We must defend ourselves against unfair practices.

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