The Clean Industrial Deal, the plan of the European Commission to help energy-intensive industries cut carbon emissions and boost the EU’s emerging green-tech sector is a much-needed step forward. But real answers on investment are lacking. And the removal of regulations through the ‘Simplification Omnibus’ will endanger the Green Deal, the European Green Party warns.
European Green Party Co-Chair Ciaran Cuffe said: “Faced with global competition and the threat of Trump tariffs, European industry and millions of workers in it are calling for immediate green investment to survive and prosper. Going green will protect the future of the European economy. The Clean Industrial Deal is the right direction, but we need real answers on green investment and a stronger role for workers. The EU must act decisively to secure jobs and drive innovation in green industries. It is concerning that the 2040 climate targets are absent from yesterday's announcements."
European Green Party Co-Chair Vula Tsetsi warned: “At the same time, the European Commission needs to make its mind up and offer certainty to European industries. Removing already finalized regulations with the so-called “Simplification Omnibus” only creates uncertainty. Long-term business decisions depend on stability. The irony of history is that, under the banner of "deregulation and simplification," the European People's Party will unravel key parts of the Green Deal of Ursula von der Leyen, the work she once championed as central to Europe's future. Europe should not follow Trump’s crusade for deregulation, as this would create a race to the bottom that endangers social and environmental achievements”.
