12
Feb
2025
Watch
Competitiveness Compass (debate)
Mr President, where does industrial competitiveness come from? It comes from productivity. And where does productivity come from? Well, it comes from increasing the added value of our production chains and from technological leaderships. I think it is important that the Commission stops this kind of paradoxical view that at the same time the Commission says that the 90 % climate target is important, we are decarbonising our economy, we are going forward in combining the green and competitive angles of our future. They need to be seen together, but there is still also this other underlying discussion whether we actually should have less focus on greening our economies. We should really be clear that that means that we have less competitive future. Investing in green technologies, in lead markets, in R&I is what Europe needs to do more. When we do more investments in renewable and energy efficiency, we get industrial production that's more competitive in the global market that has an increasing demand. So we have to make sure that we support the taxonomy, for example, to get more investment into Europe and not create confusion by the omnibus discussion.