The recent decision by U.S. President Donald Trump to pause funding from the Inflation Reduction Act (IRA) and the Infrastructure Investment and Jobs Act has created an opening for Europe to attract more clean tech investments. Poland's Deputy Climate Minister, Krzysztof Bolesta, emphasized that many companies previously considered shifting operations to the U.S. due to European regulatory burdens and lucrative IRA subsidies. However, with U.S. funding now in question, Bolesta believes this moment presents an opportunity for the EU to position itself as a more favorable destination for green industry investments.

This development aligns with the European Union’s ongoing efforts to refine its industrial policies. Brussels is preparing to introduce the "Clean Industrial Deal," a strategy aimed at making state aid rules more flexible and simplifying procurement processes for low-carbon industries. One key area of focus is revising CBAM regulations to minimize bureaucratic hurdles, particularly for smaller companies. The planned adjustments to the carbon border tariff would ensure that CO2 emission costs on imported goods remain effective without creating excessive administrative burdens.

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