Cross posted from: https://scribe.disroot.org/post/2019930
A new framework aimed at increasing the competitiveness of European industry is targeting lower energy costs and stronger purchase incentives for local and sustainable products, according to a leaked early draft of the measures.
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EUROPE FOCUS “European preference criteria” are set to become a prominent factor in public and private procurement, according to the draft text, as well as new labelling for industrial products to more clearly delineate greener products from fossil-based ones.
The new measures could set out “minimum local content” requirements along with more robust sustainability criteria for public procurement, as well as exploring options for embedding similar “non-cost criteria” into product legislation.
CIRCULARITY, HYDROGEN The Commission could be set to limit the export of waste raw materials deemed critical for circular production, and is expected to ease restrictions on movement of raw materials across the region in the Circular Economy Act, expected next year.
Policymakers are also looking to clarify rules on low-carbon hydrogen production, and are set to launch a third call for projects through the Hydrogen Bank, the auction house set up to incentivise projects and investment, in the third quarter 2025.
CBAM REFORMS, DECARBONISATION TARGETS With a targeted package for the chemicals sector, which the draft text refers to as the “industry of industries”, expected towards the end of the year, the Commissions’ review of the proposed carbon border adjustment mechanism (CBAM) continues.
Intended to levy fees on the CO2 emissions of energy-intensive goods imports such as steel and fertilizers, the Commission is proposing to simplify the framework ahead of its roll-out next year, and reduce the administrative burden on businesses.
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