the "colour classification" of hydrogen or hydraulic fracturing are just some examples; the current EU project on a carbon border adjustment mechanism (CBAM) another. To this end, the business community has set up the Transatlantic Business Initiative's Steering Committee on Energy and Climate Policy. It will develop new proposals for cooperation and networking between Germany, the United States and Canada in order to facilitate progress towards achieving the climate goals internationally. The focus will be on carbon pricing, renewable energies, energy efficiency and hydrogen. Last but not least, ideas for a possible further development of the regulatory framework on both sides of the Atlantic will also be considered.