EU’s New Clean Industry Deal Includes Push for Alternative Fuels

The European Commission presented its new Clean Industry Deal as the next ambitious step in a decarbonization strategy. The plan follows on from the FuelEU initiative that aims to reduce carbon emissions saying it will accelerate decarbonization while providing support to secure the future of European industry.

The Commission said it is launching the ambitious new program to make the regulatory environment more efficient. Its goal is to reduce bureaucratic hurdles. The plan focuses mainly on two sectors which they said are closely linked and critical to success for the decarbonization efforts. One focus is on energy-intensive industries which the Commission recognizes face high energy costs, unfair global competition, and complex regulations that are harming competiti…