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المشهد العربي
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المشهد العربي

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EU to Invest 30 Billion in Industry

EU to Invest 30 Billion in Industry

The main proposal in the article is that the European Union plans to launch a support program worth 30 billion euros over ten years to encourage industrial companies to adopt low-carbon emission production technologies. This will be achieved by gradually reallocating emission permits to promote the transition to clean technology and reduce costs. The European Commission intends to allocate 400 million emission permits to companies committed to reducing carbon, aiming to balance the market and provide sufficient time for investments and technological upgrades. This initiative is part of reforms to the Emissions Trading System (ETS).

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