The discussion covered the development of the low carbon industry in Europe, high energy prices, enhancing investment in Europe, and innovation. Businesses stressed the need to have strong signals and frameworks showing the clear commitment to a low carbon economy in order to keep companies competitive and staying in Europe. Regarding the urgent discussions in the European Parliament on reform of the European Emissions Trading Scheme and the transport fuels regulation, the MEPs stressed the need for help from industry to make strong arguments and bring forward clear solutions that make business sense and foster decarbonisation.