3a. Where financial instruments support financing to enterprises, including SMEs, such support shall target the establishment of new enterprises, early stage-capital, i.e., seed capital and start-up capital, expansion capital, capital for the strengthening of the general activities of an enterprise, or the realisation of new projects, penetration of new markets or new developments by existing enterprises, without prejudice to applicable Union State aid rules and in accordance with Fund-specific rules.

4. Stresses that TCAs differ from one another, for example as regards extent of applicability, scope and signatories, in accordance with the purposes, points of departure, needs and objectives of those parties, that businesses and corporate cultures differ substantially from one another and that contracting parties’ autonomy with regard to creating different kinds of TCA must be respected;

91. Recognises that the ETS is experiencing problems not originally anticipated, and that the accumulating surplus of allowances will depress the incentive to promote low carbon investments for many years to come; notes that this endangers the effectiveness of the ETS as the EU’s principal mechanism to reduce emissions in a manner that creates a level playing field for competing technologies, that gives companies flexibility to develop their own mitigation strategy, and that provides for specific measures to combat carbon leakage; calls on the Commission to adopt measures to correct ...[+++] the failings of the ETS and to allow it to function as originally envisaged: suggests that these measures include:

24. Recognises that the ETS is experiencing problems not originally anticipated, and that the accumulating surplus of allowances will depress the incentive to promote low carbon investments for many years to come; notes that this endangers the effectiveness of the ETS as the EU's principal mechanism to reduce emissions in a manner that creates a level playing field for competing technologies, gives companies flexibility to develop their own mitigation strategy, and provides for specific measures to combat carbon leakage. Calls on the Commission to adopt measures to correct the faili ...[+++]ngs of the ETS and to allow it to function as originally envisaged. These measures may include:

Successful cooperation with other companies and the public authorities calls for the creation of "clusters", which are geographic concentrations of complementary, interdependent yet competing enterprises.

On the one hand, the proposal aims to create a great deal more space for competing private companies, without waiting for the promised evaluation of the effects previous liberalisation decisions have had.