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IAA needs revision to generate transition investments

The Industrial Accelerator Act (IAA) proposal’s failure to include a “Made in Europe” mandate for steel means it will not generate the investment needed for the low-carbon transition of Europe’s steel industry, says Eurofer. The European Commission confirmed in March its IAA legislative proposal inc

The Industrial Accelerator Act (IAA) proposal’s failure to include a “Made in Europe” mandate for steel means it will not generate the investment needed for the low-carbon transition of Europe’s steel industry, says Eurofer. The European Commission confirmed in March its IAA legislative proposal includes a stipulation that 25% of steel volume procured for public projects launched from … The post IAA needs revision to generate transition investments first appeared on EUROMETAL.

Originally published at Eurometal - European Metals Trade