EU Green Deal: challenges for business and labor

Jun 28th 2021

The main recommendations were:
1. A differentiated approach that takes into account economy, energy resources and social impact in the different member states is required. The members of the association are generally aware of the need to act now and are not confrontational towards the EU Green Deal. They consider CO2 pricing appropriate for pushing forward climate policy; the EU Emission Trade System (ETS) is perceived as an effective instrument since it enables the implementation of entrepreneurial measures at the lowest possible cost.
2. There is no alternative to a climate policy that is fair for all and leaves no one behind. There is an urgent need of assessing the impact of the expected large structural shifts on specific sectors and regions and sub-regions of memeber states with regard to jobs. Subsidies to enterprises to enable restructuring should be tied to social criteria in EU programs: EU-funding should only be allocated to organizations that are bound by collective tariffs and where workes have a say in decision-making. EU funding directed towards fair transition must be increased and higher budget deficits must be permitted.

Organised by CTOE