Summary
The European Parliament has approved a plan to fund coal and steel research by selling some ECSC assets. This will provide €111 million annually until 2027 to support green technology and worker transitions. 9 07.07.2021
Other
energy
economy
environment
social policy
research and intellectual property
Key points
- Approval of a new funding mechanism to support industrial research in the coal and steel sectors.
- A shift from relying solely on investment interest to selling specific assets due to low market returns.
- An annual allocation of €111 million is established for the period between 2021 and 2027.
- Funding will target breakthrough technologies to enable near zero-carbon steel production by 2030.
Speeches
1 Speech in total
Pro
Contra
Othmar KARAS
PPE
Documents (PDFs)
RECOMMENDATION on the proposal for a Council decision amending Decision 2003/76/EC establishing the measures necessary for the implementation of the Protocol, annexed to the Treaty establishing the European Community, on the financial consequences of the expiry of the ECSC Treaty and on the Research Fund for Coal and Steel
Measures necessary for the implementation of the Protocol on the financial consequences of the expiry of the ECSC Treaty and on the Research Fund for Coal and Steel ***
These raw data are provided by the Open Data Portal of the European Union (data.europa.eu) and are licensed under ODC-BY 1.0.