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flag The EU proposes a €30B ETS fund to boost green industry, amid debate over carbon pricing’s impact on competitiveness and energy costs.

flag 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. flag 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. flag While some leaders, including Spain and Finland, defend the ETS as vital for climate goals, others argue it harms competitiveness. flag 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.

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