Source: Reuters
Source: Reuters

BRUSSELS (Enmaeya News) — Europe’s recent policy shifts regarding its green transition have raised concerns among businesses and policymakers. The European Commission’s new “clean industrial deal” aims to support heavy industries while maintaining green targets, yet it also weakens some climate goals and eases emissions regulations for combustion-engine vehicles. These changes come amid economic pressures and stagnating electric vehicle sales, with automakers warning of significant fines if stricter CO₂ reduction targets were enforced. Critics argue that delaying emissions cuts might harm Europe’s long-term competitiveness, especially as China accelerates its clean energy and electric vehicle industries.

While some industrial leaders acknowledge setbacks in the transition, they remain optimistic about the long-term shift toward sustainability. Many companies advocate for a more balanced approach that incentivizes green investments rather than relying on strict penalties. However, Europe’s reluctance to match China’s aggressive subsidies for clean technology raises concerns about losing its green industry leadership. The challenge for policymakers is to balance climate action with economic growth, ensuring that Europe’s industries remain competitive without slowing down the transition.