Tag #Clean Industrial Deal

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it.euronews.com

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Apr 9, 19:19

European Steel Crisis: 11,000 Job Cuts at ThyssenKrupp Amidst US Tariffs and Global Overcapacity

ThyssenKrupp plans to cut 11,000 jobs amid a European steel crisis caused by US tariffs, high energy costs, global overcapacity, and cheap imports; the EU is implementing a steel action plan including a Carbon Border Adjustment Mechanism (CBAM) and €100 billion in investments to promote sustainable ...

European Steel Crisis: 11,000 Job Cuts at ThyssenKrupp Amidst US Tariffs and Global Overcapacity

ThyssenKrupp plans to cut 11,000 jobs amid a European steel crisis caused by US tariffs, high energy costs, global overcapacity, and cheap imports; the EU is implementing a steel action plan including a Carbon Border Adjustment Mechanism (CBAM) and €100 billion in investments to promote sustainable ...

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Decent Work and Economic Growth

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What are the immediate consequences of the European steel industry crisis, and how does it affect global trade?

ThyssenKrupp, a German steel giant, plans to cut 11,000 jobs due to the European steel industry crisis. This crisis is driven by US tariffs, high energy prices, global overcapacity, and competition from cheap Chinese steel. The European Commission is responding with a steel action plan, part of its "Clean Industrial Deal", aiming for industrial competitiveness and decarbonization.

repubblica.it

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Mar 5, 19:13

Italian Cleantech Investment: Record Deals Despite Scaling Challenges

Cleantech for Italy, supported by Bill Gates' Breakthrough Energy, aims to make clean technologies central to Italy's industrial strategy, driving competitiveness, energy security, and socioeconomic development; despite €230.8 million invested in 2024, scaling up is hindered by limited access to ble...

Italian Cleantech Investment: Record Deals Despite Scaling Challenges

Cleantech for Italy, supported by Bill Gates' Breakthrough Energy, aims to make clean technologies central to Italy's industrial strategy, driving competitiveness, energy security, and socioeconomic development; despite €230.8 million invested in 2024, scaling up is hindered by limited access to ble...

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Industry, Innovation, and Infrastructure

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What are the main obstacles preventing the Italian cleantech sector from reaching its full economic and industrial potential?

In 2024, €230.8 million were invested in Italian green technologies, a decrease from 2023 but still a record 72 venture capital deals. However, Italian cleantech companies struggle with access to blended finance and face an uncompetitive regulatory environment, hindering innovation's industrialization.

nos.nl

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Feb 27, 19:14

EU's Lagging Battery Production: Challenges and Solutions

The European Union's ambitious Clean Industrial Deal aims to boost its lagging battery production, facing competition from China, Japan, and South Korea, which benefit from earlier market entry, government subsidies, and massive domestic markets.

EU's Lagging Battery Production: Challenges and Solutions

The European Union's ambitious Clean Industrial Deal aims to boost its lagging battery production, facing competition from China, Japan, and South Korea, which benefit from earlier market entry, government subsidies, and massive domestic markets.

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Industry, Innovation, and Infrastructure

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How have government policies in China, the US, and the EU influenced the global battery market's competitive landscape?

The lack of a robust European battery industry stems from several factors: later start, higher energy costs, and less targeted government subsidies compared to China and the US. China's massive domestic market and government policies further accelerate their industry's growth, creating a significant competitive disadvantage for European producers.

nos.nl

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Feb 26, 22:09

EU Unveils €100 Billion Industrial Rescue Plan Amidst Job Loss Fears

The European Commission unveiled a €100 billion rescue plan to support the European industry's green transition, aiming to reduce energy costs, increase competitiveness, and prevent job losses, prompting positive reactions from Dutch industries but requiring national government commitments.

EU Unveils €100 Billion Industrial Rescue Plan Amidst Job Loss Fears

The European Commission unveiled a €100 billion rescue plan to support the European industry's green transition, aiming to reduce energy costs, increase competitiveness, and prevent job losses, prompting positive reactions from Dutch industries but requiring national government commitments.

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Industry, Innovation, and Infrastructure

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What immediate actions does the European Commission's rescue plan propose to address the urgent needs of the European industry?

The European Commission presented a rescue plan for the struggling European industry, prompting a positive response from Dutch industrialists who see it as crucial to prevent further job losses and economic decline. The plan includes measures like abolishing energy taxes and providing financial aid for sustainable investments, addressing high energy costs and lack of profitability in green transitions.

faz.net

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Feb 19, 19:14

EU's "Clean Industrial Deal" to Boost Green Tech Competitiveness

The EU Commission proposes a "Clean Industrial Deal" to boost its green tech sector through 'Buy European' policies, aiming for 40% EU-made components in green products, backed by €480 billion in investments and reforms to public procurement rules to address high energy costs and prevent deindustria...

EU's "Clean Industrial Deal" to Boost Green Tech Competitiveness

The EU Commission proposes a "Clean Industrial Deal" to boost its green tech sector through 'Buy European' policies, aiming for 40% EU-made components in green products, backed by €480 billion in investments and reforms to public procurement rules to address high energy costs and prevent deindustria...

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Industry, Innovation, and Infrastructure

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What specific measures is the EU implementing to promote its green technology sector and ensure its economic competitiveness?

The EU aims to boost its green tech sector by prioritizing European products and subsidies, aiming for a 40% increase in EU-made components in green products. This involves favoring domestic producers in public procurement and introducing lifecycle CO2 emission standards for products like steel and cement.

politico.eu

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Feb 17, 10:13

France Pushes EU to Embrace Nuclear Energy Amidst Cost and Delay Concerns

EU industry chief Stéphane Séjourné advocates for increased EU support of nuclear energy, arguing it is essential for the green transition; however, the high costs and delays associated with recent nuclear reactor projects present significant challenges.

France Pushes EU to Embrace Nuclear Energy Amidst Cost and Delay Concerns

EU industry chief Stéphane Séjourné advocates for increased EU support of nuclear energy, arguing it is essential for the green transition; however, the high costs and delays associated with recent nuclear reactor projects present significant challenges.

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Affordable and Clean Energy

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How have the war in Ukraine, the energy crisis, and Germany's current political climate influenced the EU's stance on nuclear energy?

The shift towards greater nuclear support is driven by the war in Ukraine, the energy crisis, and a rightward political shift in Europe. Germany's internal political issues and economic struggles create an opening for France's nuclear advocacy, with various organizations now actively lobbying the EU for increased funding and support.

elpais.com

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Mar 9, 10:10

EU's Clean Industrial Deal: A €100 Billion Plan for Competitiveness

The European Commission launched the Clean Industrial Deal and Affordable Energy Action Plan to bolster European industrial competitiveness, focusing on reducing energy costs, creating jobs in clean technologies, and ensuring a more resilient and decarbonized energy supply, with €100 billion in plan...

EU's Clean Industrial Deal: A €100 Billion Plan for Competitiveness

The European Commission launched the Clean Industrial Deal and Affordable Energy Action Plan to bolster European industrial competitiveness, focusing on reducing energy costs, creating jobs in clean technologies, and ensuring a more resilient and decarbonized energy supply, with €100 billion in plan...

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Affordable and Clean Energy

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What are the potential risks or challenges to the effective implementation of these plans, and how can these be mitigated?

Success hinges on effective implementation and overcoming bureaucratic hurdles and national policy fragmentation. While €100 billion in funding is planned, efficient public-private collaboration is crucial to ensure capital flows effectively towards innovation and sustainable infrastructure development, including energy storage solutions.

nos.nl

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Feb 27, 16:11

EU's Lagging Battery Industry: Challenges and Strategies

The European Union's plan, the Clean Industrial Deal, aims to boost its lagging battery industry, facing competition from China, Japan, and South Korea, who have decades-long experience and government support, exemplified by Northvolt's financial struggles despite EU backing.

EU's Lagging Battery Industry: Challenges and Strategies

The European Union's plan, the Clean Industrial Deal, aims to boost its lagging battery industry, facing competition from China, Japan, and South Korea, who have decades-long experience and government support, exemplified by Northvolt's financial struggles despite EU backing.

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Industry, Innovation, and Infrastructure

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How have government policies in China, the US, and other countries influenced the global battery market, and what lessons can Europe learn from their approaches?

Europe's delayed entry into large-scale battery production, coupled with less targeted government subsidies compared to China and the US, has created a substantial competitive disadvantage. The success of Asian battery makers stems from decades of experience and substantial government investment, fostering a mature industry with economies of scale. Northvolt's struggles highlight the complexities of catching up.

taz.de

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Feb 26, 10:09

EU Unveils "Omnibus" Regulation and "Clean Industrial Deal", Sparking Concerns Over Weakened Environmental Protections

The EU Commission will present the "Omnibus" regulation on Wednesday, aiming to simplify four sustainability laws, including the CSRD and supply chain act, while simultaneously unveiling the "Clean Industrial Deal" prioritizing industrial needs in climate action, causing concerns over weakened envir...

EU Unveils "Omnibus" Regulation and "Clean Industrial Deal", Sparking Concerns Over Weakened Environmental Protections

The EU Commission will present the "Omnibus" regulation on Wednesday, aiming to simplify four sustainability laws, including the CSRD and supply chain act, while simultaneously unveiling the "Clean Industrial Deal" prioritizing industrial needs in climate action, causing concerns over weakened envir...

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Climate Action

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How do the "Omnibus" regulation and "Clean Industrial Deal" reflect the political landscape and priorities of the EU, particularly the influence of CDU/CSU and EVP?

The "Omnibus" regulation and "Clean Industrial Deal" reflect the EU's shift towards less bureaucracy and greater competitiveness, a campaign promise of CDU/CSU and EVP. This initiative is supported by CDU/CSU and FDP, who argue against overly stringent regulations on businesses. However, it has drawn strong criticism from trade unions and environmental groups, who see it as undermining the Green Deal.

nrc.nl

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Feb 25, 22:12

EU Unveils Clean Industrial Deal to Boost Competitiveness

The European Commission's Clean Industrial Deal, presented this Wednesday, aims to bolster European industry's competitiveness while adhering to climate goals by promoting domestic procurement, streamlining state aid, and employing a temporary LNG strategy to mitigate high energy prices.

EU Unveils Clean Industrial Deal to Boost Competitiveness

The European Commission's Clean Industrial Deal, presented this Wednesday, aims to bolster European industry's competitiveness while adhering to climate goals by promoting domestic procurement, streamlining state aid, and employing a temporary LNG strategy to mitigate high energy prices.

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Industry, Innovation, and Infrastructure

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What immediate actions does the Clean Industrial Deal propose to address the competitiveness challenges of European industries?

The European Commission will present the Clean Industrial Deal, aiming to support European industry while upholding climate goals. This involves interventions like prioritizing EU-based procurement for green investments and facilitating state aid for clean industries. Higher energy prices in Europe compared to the US and China are a key challenge.

politico.eu

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Feb 17, 10:13

EU official pushes for nuclear energy in Clean Industrial Deal

Stéphane Séjourné, European Commission vice-president, is lobbying for EU support of nuclear energy within the Clean Industrial Deal, citing economic benefits and a changing political landscape in Europe, despite past project delays and cost overruns.

EU official pushes for nuclear energy in Clean Industrial Deal

Stéphane Séjourné, European Commission vice-president, is lobbying for EU support of nuclear energy within the Clean Industrial Deal, citing economic benefits and a changing political landscape in Europe, despite past project delays and cost overruns.

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What are the broader political and economic factors driving the renewed interest in nuclear energy within the EU?

Séjourné's push reflects a broader European shift toward nuclear energy, driven by the war in Ukraine, energy crisis, and right-leaning governments' pro-nuclear stance. Germany's current political instability further opens the door for this initiative. The Medef and other business federations across Europe have also issued a statement requesting increased EU support for the nuclear sector.

elpais.com

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Feb 15, 16:09

EU to Reform State Aid for Green Investments, Boosting Clean Industrial Deal

The European Commission will reform state aid rules to accelerate green investments, presenting the Clean Industrial Deal on February 26th to address the competitiveness gap with the US and China, using coinvestments, risk reduction, and tax incentives, although concerns remain about potential inequ...

EU to Reform State Aid for Green Investments, Boosting Clean Industrial Deal

The European Commission will reform state aid rules to accelerate green investments, presenting the Clean Industrial Deal on February 26th to address the competitiveness gap with the US and China, using coinvestments, risk reduction, and tax incentives, although concerns remain about potential inequ...

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Climate Action

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How will the reformed state aid system aim to balance the need for increased green investment with concerns about potential market distortions and unequal distribution of funds across EU member states?

This reform of state aid is intended to address concerns about the previous system's uneven impact, particularly favoring Germany and France. The Commission argues that the revised approach will encourage private investment while minimizing market distortion, although critics doubt this will fully solve existing inequalities among EU member states. The plan includes measures like coinvestment with private entities and risk reduction for investors, alongside tax incentives and subsidies.

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