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Commission President Ursula von der Leyen debates European Green Deal
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“The race to see who is going to be dominant in net-zero technologies is on,” President von der Leyen said, stressing that Europe must nurture its industry. She announced that on Thursday the Commission will present its proposals for a net-zero industry act and a critical raw materials act, both crucial for Europe’s competitiveness and independence. President von der Leyen also highlighted the need to achieve the goal of spending 3% of GDP on research & development, to reduce bureaucracy, and make sure that EU laws do not overburden businesses.
MEPs highlighted the urgent need for the EU to improve its competitiveness and urged measures to ensure fair conditions for EU manufacturers, in light of the current protectionist measures by the US. They stressed the need for more investment, welcomed moves towards an EU raw materials strategy, demanded more ambition in cutting red tape, asked to boost European capital markets, and a renewed vigour in the EU’s trade diplomacy, to achieve new free trade deals with the US and other democracies.
Many speakers focused on the importance of boosting innovation - in the area of clean tech and beyond-, for the EU to become a “high value” rather than “low costs” champion. Some stressed that the EU’s Green deal should also be the bloc’s competitiveness strategy, noting that social fairness and fair pay for workers were fundamental to it.
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