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European Green Deal: Parliament approves a resolution for the transition. Politics is divided

Parliament approves a resolution in favor of the green industrial plan. The contents will be known in mid-March

European Green Deal: Parliament approves a resolution for the transition. Politics is divided

The Green Deal has a new resolution passed by a majority. The European Parliament meeting in Strasbourg has given the green light to new supports for the Piano industrialist for the Green Deal. The text concerns in particular the Fund for sovereignty and new rules on state aid. In the end there were 310 votes in favour, 155 against and 100 abstentions. The numbers represent the quantitative data of a discussion that is still very open. The economic stake is close to i 370 billion euros for the next few years, in an effort to offset the more than US$360 billion in support of American industries. The vote was also influenced by the absence to date of the details of the Industrial Plan. It should be announced on March 14, but even in this case the positions are not unique on the green transition of industries. It is known that the Plan will contain three fundamental principles: a review of the electricity market, the 'Net-Zero Industry Act' and a regulation for critical raw materials. The resolution requests that the Commission draw up “one effective strategy to redistribute, relocate and relocate industries in Eurospa. The importance of strengthening EU production capacity in strategic technologies such as solar and wind energy, heat pumps and batteries is underlined. In this regard, the dispute over lithium, useful for electric batteries, is prominent.

The Green Deal and the Sovereignty Fund

The sovereignty fund itself which should help European companies does not yet have a defined economic-financial structure. From its articulation we can see if i environmental targets for 2030-2050 are still viable. It was understood that industries without new rules, i.e. incentive measures, will not be competitive. We have seen this these days with electric cars from 2035 and generally on mobility sectors sustainable. Also significant was the recent meeting of the French premier Elisabeth Borne with Ursula von der Leyen for "a space" on nuclear energy considered comparable to renewable sources. The positions on both the political and industrial fronts are very articulated. There are policies that ask that operations for sustainability must be financed with new additional funds and others that are more attentive to the common European budget. It will be about the money real political battle in the next European Parliament. The signs of these differences, as we said, were already seen in the approval of the resolution with the Left and the Greens in favor and all the others abstaining or against. Behind it are different cultural approaches and visions towards Europe's ecological transition. Which remains a necessary way to grow.

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