Publications » Position papers » A call for a more effective application of existing EU policy instruments and improvements where needed
A call for a more effective application of existing EU policy instruments and improvements where needed
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Globalisation of markets and industries intensifies the distorting effects of government policies that unfairly protect and support domestic markets and industries. Thus, the EU needs to address more effectively State-led distortions that are undermining the viability of traditional and innovative European industries, both at home and abroad. The EU needs to be more assertive in using – and where needed modifying – existing tools as well as developing new policy instruments to ensure a level playing field for EU industries while at the same time creating much needed leverage at the multilateral (WTO) level. The new Commission’s encouraging political objectives and orientations need to be endorsed and supported by the Council and the European Parliament and effectively implemented by the Commission.
Brussels, 17 May 2022 – The European steel industry calls upon the plenary of European Parliament to fix the disruptive vote on the Emissions Trading System (ETS) and Carbon Border Adjustment Mechanism (CBAM) cast by its Environment Committee. Today’s outcome endangers €31 billion investments needed for deploying the 60 low carbon projects the European steel industry has in the pipeline, as well as €45 billion in exports value and 30,000 jobs.
It is essential that the implementation of the Fit for 55 Package delivers the agreed 2030 climate targets while supporting companies’ investments, preserving effective carbon leakage measures and avoiding disproportionate costs, capacity closures and job losses.
Brussels, 11 May 2022 – The current Waste Shipment Regulation proposal lacks effective measures to tackle environmental challenges of waste exports and to enhance EU resiliency on valuable secondary raw materials, risking to undermine the EU’s Circular Economy and Green Deal objectives, warns the European Steel Association (EUROFER) on the occasion of the presentation of the draft report by the Environment Committee at the European Parliament.