The European People's Party (EPP), the EU’s leading political group, has called for suspending renewable energy goals and scaling back supply chain reporting rules as part of a broad deregulation agenda to boost the bloc’s struggling economy. At a leadership summit in Berlin, EPP leaders, including key figures like European Commission President Ursula von der Leyen and potential German Chancellor Friedrich Merz, advocated for a rollback of policies introduced since 2019’s "green wave." Their proposal includes suspending EU corporate sustainability reporting requirements and pausing the Carbon Border Adjustment Mechanism (CBAM) for smaller companies.

The EPP criticized CBAM regulations, which impose CO2 tariffs on imports of carbon-intensive products like steel and cement, for being overly complex and burdensome. While tariffs are expected to take effect in 2026, the current data collection phase has already raised concerns about its administrative impact on businesses, especially small and mid-sized enterprises. The EPP suggests narrowing the scope to large corporations with over 1,000 employees and cutting reporting obligations by half. Additionally, the group opposed setting mandatory renewable energy targets at the EU level, favoring a member-state-driven approach that allows nations to choose their own technologies to meet climate goals.

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