"European Solar Industry Faces Crisis as Calls for Urgent EU Support Go Unanswered"

1 min read
Source: POLITICO Europe
"European Solar Industry Faces Crisis as Calls for Urgent EU Support Go Unanswered"
Photo: POLITICO Europe
TL;DR

The European Commission is considering emergency aid for struggling solar producers due to state-backed Chinese competition causing bankruptcies in Europe, while internal debate within the EU has been prompted by energy security fears. Additionally, the European Commission is set to push for a 90 percent emissions cut by 2040, in line with recommendations by the EU’s scientific advisory board.

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