Europe's industry warns EU climate policy threatens jobs

Major European industrial players — including voestalpine, BASF, DuPont and Thyssenkrupp — are warning that the EU’s climate policy could endanger competitiveness and jobs across energy-intensive sectors. At the heart of the dispute is the planned phase-out of free emissions certificates by 2034, a move companies say could cost billions and shift production outside the EU. With backing from Germany’s Mining, Chemical and Energy Workers’ Union, the coalition is urging the European Commission to reconsider, citing global trade pressures and rising operational costs.
 

(This video summary was created by AI from the original DW script. It was edited by a journalist before publication.)