EU vows to slash red tape but no change on climate goals

The EU plans to pare back many of the rules weighing on European businesses challenged by rivals in China and the United States — while sticking with its climate goals, the bloc’s chief Ursula von der Leyen said Wednesday.

Future proposals “will target red tape and administrative burden in a number of areas. But I also want to be very clear: our climate and social goals do not change”, she told business leaders in the Belgian port city of Antwerp. “We are staying the course towards our decarbonisation goals.”