EU internal market and industry ministers discussed the impact of the new climate and energy package on the economy and industry.
Ministers broadly agreed that the availability of affordable decarbonized energy is one of the preconditions for the success of ‘Fit for 55’. Ministers highlighted the importance of the proposed carbon border adjustment mechanism (CBAM), which should prevent the risk of carbon leakage. Several delegations raised the challenges that come with the package for the automotive industry and agreed that the green transition should not increase the burden on SMEs.
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