US EditionEU's Green Boost: New State Aid Rules to Accelerate Carbon Neutral Projects
- The European Commission unveiled new state aid regulations on Wednesday to simplify support for businesses cutting emissions and boosting green projects.
- These rules replace temporary Covid-19 and Ukraine crisis frameworks and respond to July 2024 commitments to adapt economic tools for a green transition.
- The new CISAF framework allows member states to grant aid for renewable energy, lower electricity prices temporarily for energy-intensive industries, and support production decarbonization.
- Vice-President Teresa Ribera described it as an instrument designed to advance climate objectives, enhance the resilience of Europe, and maintain the competitiveness of our industrial sector.
- The overhaul aims to balance EU climate goals, social fairness, and economic competitiveness while providing legal certainty for investments across all member states.
22 Articles
22 Articles
INTERVIEW: EPP chief Manfred Weber on defence, the Green Deal and his future ambitions
Europe's socialists and liberals should "consider again what is going on outside of this Brussels bubble" when defending the EU's green agenda, the powerful conservative leader told Euractiv in an exclusive interview.
EU's Green Boost: New State Aid Rules to Accelerate Carbon Neutral Projects
The European Commission has announced new state aid rules to assist businesses in reducing carbon emissions and transitioning to green projects. Effective until 2030, these rules are designed to bolster European industries under the Clean Industrial Deal framework, positioning them competitively against U.S. and Chinese markets.
European industrial policy: State aid has long been taboo in the European Union. But ‘courageous’ action is now necessary, according to the…
EU eases state aid rules to boost green projects, cut carbon footprint
By Foo Yun Chee BRUSSELS (Reuters) -Businesses will find it easier to get state aid for projects aimed at cutting their carbon emissions and to switch to green projects while heavy industries will benefit from temporary power price relief under looser rules announced by the European Commission on Wednesday. The new state aid rules, valid until December 2030, are part of the Commission’s goal to revitalise Europe’s industries with its Clean Indus…
EU Unveils New State Aid Rules In Boon For Nuclear, Renewables
The EU on Wednesday unveiled new rules allowing member states to grant financial support to firms producing low-carbon technologies, including nuclear power, in the face of competition from China and the United States.
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