EU headed for โ€˜big debate on fundingโ€™ on clean industrial deal, Commission director says

The EUโ€™s new clean industrial strategy must strike a balance between protecting key industries, not unduly shielding others, and creating a strong business case for clean products, key EU officials said on Wednesday (18 September).

Car industry pours cold water on von der Leyenโ€™s โ€˜lead marketsโ€™ plans

Increasing demand for green steel through minimum quotas for carmakers is not the right way to decarbonise steel production, carmakers said, while environmentalists consider the car industry to be โ€œuniquely placedโ€ to work as a lead market for green st…

Green jobs set to find home away from Europe, head of largest industrial union warns

While the EU Green Deal came with the promise of new jobs in green industries offsetting job losses elsewhere, these jobs are currently being created outside Europe, warned Judith Kirton-Darling, General Secretary of trade union IndustriAll Europe.

Steelmakers want von der Leyen to force public authorities, industry to buy green steel

EU steelmakers are pinning their hopes on Ursula von der Leyenโ€™s plans to force public authorities and steel-using sectors to buy ‘clean’ as a key way to decarbonise European industries – an idea already endorsed by German politicians and seen by many …

China accelerates green steel shift as EU levies loom, researchers say

SINGAPORE, July 11 (Reuters) – China approved no new coal-based steel projects in the first half of 2024, researchers said on Thursday, accelerating its shift towards green production as it prepares for the impact of a new carbon levy on exports to Eur…

German steel plants needed for democracy, economy minister says

German Economy Minister Robert Habeck (Greens) has defended the countryโ€™s billion-euro investments into green steel plants, saying it was needed to avoid a breakdown of whole regionsโ€™ industries and secure supply of steel at times of geopolitical uncer…

Researchers urge Europe to โ€™embraceโ€™ deindustrialisation

Faced with global competition from countries with cheap renewable energy, the EU should embrace a partial deindustrialisation rather than subsidise uncompetitive industries, according to a new report from the Potsdam Institute for Climate Impact Resear…

Romania bets on long shot โ€˜baby nukesโ€™ as coal cliff edge looms

Romania is leading EU efforts on small-scale reactors that could make the bloc a clean tech leader. But so far, they remain unproven.

Labour slash green spending pledge in major U-turn

UK opposition party’s pledge to spend ยฃ28 billion a year on a cleaner economy ditched after months of dithering.

Staff exodus signals end to Bidenโ€™s trade dreams

The realization that little real progress is likely to be made in an election year where former President Donald Trump will put a glaring spotlight on trade has convinced some officials itโ€™s time to move on.

EU Commission postpones reintroduction of steel tariffs until after US election

The EU Commission on Tuesday (19 December) announced that it would keep tariffs on US steel and aluminium suspended until March 2015 with the goal of reaching a deal on green steel and aluminium until then.

What previous failures tell us about Europeโ€™s green steel ambitions

While Europe has neither the cash bazooka of the United States Inflation Reduction Act, nor the state capitalism of China, the automotive industry can be the lead market to boost Europeโ€™s green steel plans, writes Julia Poliscanova of Transport & E…

Von der Leyen yields to US protectionism as she heads to Washington

EU and US are thrashing out a deal to create a green steel and aluminum club to keep out metals from countries like China โ€” but are still closing gaps on exactly how to do so.

EU, US green steel showdown: How to decarbonise trade

As the EU and the US hurry to agree on green steel before the end of October to prevent tariffs from snapping back into place, their diverging positions lay bare different philosophies on how global trade should be reorganised to account for climate pr…