BRUSSELS — The European Commission is considering revising landmark energy legislation as part of its drive to ease requirements on the EU’s struggling businesses, according to several people familiar with the plans.

The EU executive has vowed to slash red tape for its ailing firms, which are facing stiff competition from global rivals along with a flagging economic outlook and a looming threat of tariffs from the U.S. Last month, Brussels proposed cuts to green reporting rules and exemptions for most firms from an upcoming carbon border levy.

Now the commission is also considering targeting green energy policies. In particular, the EU executive has set its sights on rules meant to slash energy consumption, two of the people said. It is also exploring whether to reopen laws on renewable energy and green renovations.

The new push comes amid growing criticism of Brussels’ European Green Deal, which aims to make the bloc climate-neutral by 2050. Businesses and right-leaning politicians argue the package is too burdensome, given other pressing economic concerns.

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