Plan, which aims to preserve jobs in clean tech and low carbon sectors, could include UK if there is reciprocal market access
The European Commission has proposed a “Buy EU” plan to boost domestic low-carbon industries and help the continent compete against China.
The commission published a draft regulation – called the Industrial Accelerator Act – on Wednesday, setting demands for EU-made and low-carbon content on bodies spending public money. The rules mark a major shift in economic thinking from Brussels, long a bastion of open markets.
But after internal disputes, EU officials left the door open to including countries with close economic ties to the bloc, such as the UK, if there is reciprocal market access.
Stéphane Séjourné, the European Commission vice president in charge of industry, described the act as “a change in doctrine” that would have been “unthinkable even just a few months ago”.
