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The outgoing Cabinet wants to make a quick agreement with Tata Steel about the clean-up plan that the steel manufacturer has submitted. It is being looked into whether it is achievable to carry out a portion of the plans sooner than intended, according to Minister of Economic Affairs Micky Adriaansens.
If the government does not help Tata Steel become more sustainable, the company will “no longer be viable in the long term” due to the amounts that the company would have to pay in European CO2 taxes. That is stated in a report from the external advisors to the Cabinet that will be released sometime in the coming weeks. There is already a passage about this in the list of possible financial setbacks that the Ministry of Economic Affairs has recorded for the Cabinet formation talks.