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Ursula Von Der Leyen Is Quietly Preparing a Multi-Billion Euro Gift to Eu Industry
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The European Commission led by Ursula von der Leyen may propose in July to soften the EU emissions trading system, which would provide free emissions allowances to industry for a longer period and postpone the full auction system. The move could cost companies hundreds of millions of euros, up to one billion euros, and up to 200,000 German and 500,000 European industrial jobs, while the EU creates more room for reform by relaxing its 2040 emissi…
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