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The EU proposes a €30B ETS fund to boost green industry, amid debate over carbon pricing’s impact on competitiveness and energy costs.
The European Commission, led by Ursula von der Leyen, has proposed a €30 billion ETS investment booster funded by 400 million carbon allowances to support green industry and decarbonization projects, prioritizing lower-income EU nations.
The move comes amid rising energy prices linked to the Middle East conflict and pressure from member states like Poland and Italy, which seek ETS reforms or suspensions to protect industry.
While some leaders, including Spain and Finland, defend the ETS as vital for climate goals, others argue it harms competitiveness.
A July review will assess long-term reforms, including adjustments to free allowances and the Market Stability Reserve, aiming to stabilize carbon prices and ease electricity costs without undermining the EU’s climate transition.
La UE propone un fondo ETS de 30.000 millones de euros para impulsar la industria verde, en medio del debate sobre el impacto de la fijación de precios del carbono en la competitividad y los costes de la energía.