20
May
2026
Watch
Reviewing the ETS system to support European competitiveness (topical debate)
Mr President, Commissioner, to designate HTA as responsible for our industrial difficulties is to turn a blind eye to the real problem: our dependence on imported fossil fuels. HTA is Europe’s most powerful climate and industrial tool. Weakening it means slowing down the electrification of our economy at a time when it is becoming a strategic imperative. Yes, the system must evolve, but certainly not by distributing more and more free allowances, at the risk of eliminating the carbon price signal. Without this signal, why invest in electrification or clean technologies? Our objective must be clear: Definitely get out of imported fossils. This requires a massive acceleration of industrial electrification. Let us ensure that every euro from the HTA serves this objective and does not add to the national budgets of the Member States. As for the future decarbonisation bank, it must become a genuine European bank for electrification and industrial sovereignty.