CEEP Position Paper: Just Energy Transition Fund Targeted support for the transition towards an inclusive carbon-neutral economy

The transition towards a carbon-neutral economy will transform the functioning of modern societies. In order for it to be achieved, considerable changes must be introduced to the fundamental elements of current socio-economic models: how energy is produced and consumed, how our industry produces goods and how transport networks operate. This transformation will have far-reaching effects on our daily lives. Simultaneously, such a transformation should not result in a surge in energy prices for consumers and a loss of competitiveness of the European industry. Were that to happen, associated costs incurred by end-users may well result in a decrease in their acceptance of, and support for such changes.