EU Approves Net-Zero Industry Act to Boost Local Clean Technology Production
The Act targets Europe to produce 40% of its net-zero technology needs by 2030
May 2, 2024
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The European Parliament has approved the Net-Zero Industry Act to enhance net-zero technology production within the European Union. The Act targets Europe to produce 40% of its net-zero technology needs by 2030 and capture 15% of the global market for these technologies.