Summary
A report calling for strategic measures to protect and sustain Europe's base metals industry against global competition and high energy costs. 10 16.12.2015
Other
trade
industry
environment
social policy
waste management
administrative law
public administration
international relations
business and competition
Key points
- The European base metals industry is facing a critical crisis due to global overcapacity and intense competition from non-EU countries.
- Any trade protection measures, such as carbon border adjustments, must strictly respect international trade agreements like the GATT.
- The reform of the Emissions Trading System should reward the most efficient industrial plants to encourage low-carbon innovation.
- Support for investments in new equipment and research should be prioritized during the upcoming regulatory period from 2021 to 2030.
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