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BBCNEWS BBC News at Ten June 4, 2024 22:13:00

Subsidies of $370 billion to encourage companies to move their production and supply chains there. the eu is rattled and trying to figure out how to respond. it is thought they might try to loosen the state aid rules so that governments can support their own car industries, the kind of state aid that the uk thought was constrained by membership of the eu, so the question is what will the uk do to respond? there is only one electric battery plant here in the uk, there are 35 either open, under co...
Supply Chains State Aid Rules 70 Billion 370 Billion State Aid Ccar Industries

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Press Release: The Green Deal Industrial Plan: A welcome initiative but missing critical climate conditions

While the intentions behind this Communication are welcome, the announced measures mostly summarise existing support mechanisms. But more importantly, the Communication doesnโ€™t underline the critical condition for receiving any additional support - significant emission reductions. The suggested measures announce more simplification and flexibility for accessing funds. However, flexibility should not come at the expense of a beneficial climate impact; if taxpayers are footing the bill, the inve...
Innovation Fund European Commission Hydrogen Bank Green Deal Industrial Plan Net Zero Industry Act Gas Market Package

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