Make the Green Deal a good deal for businesses
11 Mar 2020
Brussels, United States
The Green Deal is a chance, because we will invest, we will invite, we will have new industries.
The EPP Group’s Christian Ehler, on the European Commission’s newly proposed Industrial Strategy, as the EU aims for carbon neutrality by 2050. Ehler is on Parliament’s Industry, Research and Energy Committee.
We have to cope with the fact that this is of transformative nature, you know we want to change industries, whole sectors.
Traditional sectors like steel will need help to get greener and stay competitive, says EPP Group Vice Chair Esther de Lange. That means fair trade ties.
Industry stands ready to decarbonise, but it has a price. And if you then don´t provide a level playing field at a global level, all you´re doing is chasing these companies away to other parts of the world.
Decarbonising also means developing certain sectors, as with the so-called Battery Alliance. Hydrogen could be another.
We´ll need hydrogen in order to take carbon out of combustion. So there should be a hydrogen strategy.
Boosting industrial champions is another solution. An EPP Group letter to the Commission calls on it to ´´rethink the competition rulebook,’’ considering China and others are backing their own champions.
We have to carefully adapt the competition law and the framework should be the global market and no longer the single market. But on the other hand the idea that just the big ones are the fast ones, I think that´s not the right way.
Ehler and de Lange say that´s why they back the European Commission´s newly proposed strategy on small and medium-size firms as well.
What we should make sure is that they have access to finance. This is something they all struggle with.
We can make the Green Deal a good deal for industry if it has a business case and a level playing field.
Laura BarriosEPP TV Assistant ProducerBelgiumlaura.email@example.com+322-2841845