EU carbon reform threatens European factories
Over 100 European companies warn that proposed EU carbon market reforms will raise costs and risk factory closures before industries can decarbonise. Signatories urge policymakers to ensure competitive energy prices and fair benchmarks to protect manufacturing investments in Europe.
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More than 100 European manufacturers warned that proposed EU carbon market reforms could raise compliance costs before firms can decarbonise, risking factory closures. The joint letter highlights mounting industrial anxiety over the green transition amid high energy prices and global competition. The pushback comes as energy-intensive sectors struggle to maintain output and capital spending within Europe.
