Summary
The joint statement addresses the urgent challenges facing energy-intensive industries (EII) in the EU, discussed at the European Parliament event hosted by MEP Giorgio Gori. It highlights the severe impact of soaring energy prices, regulatory fragmentation, and permitting difficulties on industrial competitiveness. The statement calls for immediate and structural measures to prevent deindustrialisation, protect jobs, and maintain strategic autonomy. It advocates for reforms to the EU Emissions Trading System (ETS) and energy markets, balancing decarbonisation with competitiveness, and emphasises the need for lower energy prices, protection against carbon leakage, and easier access to funding.
Key Takeaways:
- Immediate measures are needed to lower energy prices and protect against carbon leakage.
- Structural reforms to the ETS and energy markets must balance decarbonisation with competitiveness.
- Easier access to funding and reduced regulatory costs are essential to restore investment and confidence.