The European Commission has adopted proposals for radical simplifications to the EU’s trailblazing environmental regulations. The commissioners argue that this is a pragmatic response to changing global economics and indicates that they have listened to the concerns of smaller businesses that are struggling to comply with onerous and conflicting rules.
However, the “omnibus” of simplifications is likely to frustrate some companies that already invested heavily in compliance, and created short- and longer-term uncertainty about timing, the enforcement of current requirements, and the future direction of EU sustainability regulations.
