The EU's response to the US's #InflationReductionAct begins to take shape in Germany

The economy ministry presented funding guidelines to speed up the domestic production of #cleantechnologies, allowing the government and states to financially support projects without individual #EU green light based on #stateaid rules

https://www.cleanenergywire.org/news/new-german-funding-guidelines-speed-domestic-production-clean-technologies-econ-min

#Denmark, #Finland, #Ireland, #Poland, #Sweden, #Netherlands, #Hungary, #Latvia, # CzechRepublic, #Slovakia and #Belgium seek #foresight and #wisdom in deploying #StateAid, #InflationReductionAct's.

"State aid for the mass #production and #commercial activities can lead to significant negative effects including the fragmentation of internal #market, harmful #subsidy races and weakening of regional #development," says the missive.

RT @vestager@twitter.com

For 60 years we’ve had #StateAid rules on subsidies granted by 🇪🇺countries. But no similar rules for subsidies from non-EU countries. Our proposal on #ForeignSubsidies enters into force today. And it will put all companies on the Single Market on an equal footing. Here’s how 👇

🐦🔗: https://twitter.com/vestager/status/1613552112281227264

Vorige week heeft de Europese Commissie de staatssteunregels voor breedband herzien en in lijn gebracht met de Europese Gigabit-doelen. Ook mogen overheden voortaan subsidie geven aan sociale minima voor een snel internetabonnement:

https://www.nlconnect.org/nieuwe-staatssteunregels-maken-goedkoop-internet-voor-minima-mogelijk/ #gigabit #glasvezel #staatssteun #stateaid

RT @CANEurope
EU's biggest emitting coal plant operators-namely
@Grupa_PGE, @RWE_AG, @LEAG_de
have 1⃣thing in common:

They are all in line for #stateaid subsidies to continue emitting way beyond the economic lifetimes of expensive coal plants🤦‍♀️

@EU_Competition, @vestager do you hear this? https://twitter.com/EmberClimate/status/1379728058345734144