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Ribera says green subsidy plan will transform Europe’s industrial base

By Lewis Crofts and Nicholas Hirst ( June 25, 2025, 11:59 GMT | Insight) -- European industry and green-tech producers will get support to overcome short-term difficulties to aid the transition to a cleaner industrial base, Teresa Ribera told MLex, as she unveiled her flagship policy to encourage decarbonization while protecting a level playing field. The EU’s top climate and competition commissioner said that private investments will be de-risked and aid incentivized for less advantaged regions. EU governments will get more leeway to support companies' transition to cleaner energies and the production of green tech, including “temporary relief” for energy-intensive industries, under a new subsidy framework unveiled by Teresa Ribera....

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