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Speech by President von der Leyen at the Clean Transition Dialogue with energy intensive industries

· Ursula von der Leyen, President of the European Commission (European Union)

Summary written by Dark Majestic in its own words · topics: inflation and price stability, climate, energy and nature, growth, investment and productivity

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· Ursula von der Leyen Wiki · European Commission WikiSpeech by President von der Leyen at the Clean Transition Dialogue with energy intensive industries

ContextSpeech at the second Clean Transition Dialogue with energy-intensive industries, social partners and financiers; the European Commission proposes EU policies and wants industry to decarbonise.

Why it mattersVon der Leyen extends state aid flexibility to help heavy industry decarbonise.

Problems raised
  1. Energy-intensive industries must decarbonise.
  2. High energy prices hurt competitiveness.
  3. Global competition is unfair.
Solutions proposed
  1. Extend temporary state aid rules.
  2. Invest in home-grown clean energy.
  3. Work with the IMF, World Bank and WTO.
Read full speech on ec.europa.eu ↗

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