Ref. Ares(2020)1634301 - 18/03/2020
Ref. Ares(2020)1792905 - 27/03/2020
Meeting at the request of BusinessEurope
02/03/20 between Kurt Vandenberghe and BusinessEurope on policy makers/business
dialogue concerning the green deal
BusinessEurope generally supports the European Green Deal and will be a
constructive partner, but points to a number of conditions that will need to be
put in place.
It is developing a ‘progress tracker’ (draft handed and attached) to track
progress on framework conditions and required actions.
It advocates stability and predictability in ETS.
On the carbon border adjustment mechanism: the impact assessment will need
to be done transparently; the availability of free allowances is a sensitive point;
it will likely only work for a few simple sectors; compensation for higher
energy (electricity) prices will be required (link with the ETS state aid
There is risk of carbon and investment leakage which will not only be
addressed with a carbon border adjustment mechanism.
There should be a level playing field internally and externally to the EU.
Distorting state subsidies should be tackled. The EU should have a corollary to
the US 301 section of the Trade Act.
In the context of the Industry Strategy, BusinessEurope would be keen to have
a kind of sounding board with industry personalities to track progress on the
basis of a simple set of indicators (e.g. share of exports in manufactured