
Image: European Union
Plethora of Commission proposals seeks to strengthen EU industry amid increased global competition
The European Commission has proposed new funding and dedicated initiatives to boost the rollout of environmentally friendly technology in the bloc, including the creation of specialised education providers and more flexible regulatory conditions for testing innovative products.
The Net-Zero Industry Act, proposals for which were published by the Commission on 16 March, is designed to meet the bloc’s environmental sustainability objectives and boost its energy self-reliance in response to similar efforts in the US and China. It was promised in January, when the Commission set out its broader Green Deal Industrial Plan as a response to initiatives such as the US Inflation Reduction Act.