IAA: Why Europe’s industrial strategy is so controversial in the Council

With the Industrial Accelerator Act, the Commission is aiming to prepare Europe’s industry to compete with China. However, the EU’s coal-producing countries feel disadvantaged by the link to climate action. As a result, the tight timeline is in jeopardy.

29. May 2026
Stahl
One of the points of contention is whether the IAA gives preferential treatment only to low-carbon steel produced in Europe. (picture alliance / imageBROKER | Sylvio Dittrich)

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Last updated: 29. May 2026