{"id":619243,"date":"2023-03-18T09:49:06","date_gmt":"2023-03-18T14:49:06","guid":{"rendered":"https:\/\/news.sellorbuyhomefast.com\/index.php\/2023\/03\/18\/eus-new-green-tech-strategy-aims-to-keep-production-in-the-bloc\/"},"modified":"2023-03-18T09:49:06","modified_gmt":"2023-03-18T14:49:06","slug":"eus-new-green-tech-strategy-aims-to-keep-production-in-the-bloc","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2023\/03\/18\/eus-new-green-tech-strategy-aims-to-keep-production-in-the-bloc\/","title":{"rendered":"EU\u2019s new green tech strategy aims to keep production in the bloc"},"content":{"rendered":"
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\n Ioanna Lykiardopoulou
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\n Ioanna is a writer at TNW. She covers the full spectrum of the European tech ecosystem, with a particular interest in startups, sustainabili<\/p>\n


\n Ioanna is a writer at TNW. She covers the full spectrum of the European tech ecosystem, with a particular interest in startups, sustainability, green tech, AI, and EU policy. With a background in the humanities, she has a soft spot for social impact-enabling technologies.
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On Thursday, the European Commission unveiled<\/a> the Net-Zero Industry Act, a much-anticipated proposal aiming at boosting the EU<\/a>\u2019s green tech production amidst an increasingly intense global race<\/a>.<\/p>\n

The new regulation is a key part of the European Green Industrial Plan<\/a> \u2014 the bloc\u2019s response to the US\u2019 $369 billion package of green subsidies \u2014 seeking to ensure that at least 40% of the union\u2019s net-zero<\/a> technology demand is produced domestically by 2030.<\/p>\n

\u201cWe need a regulatory environment that allows us to scale up the clean energy transition quickly,\u201d President of the Commission, Ursula von der Leyen, said in a statement<\/a>. \u201cThe Net-Zero Industry Act will do just that. It will create the best conditions for those sectors that are crucial for us to reach net-zero by 2050.\u201d<\/p>\n

Amongst the technologies designated as \u201cstrategic\u201d for the bloc\u2019s decarbonisation are solar power, onshore and offshore wind energy, batteries and storage, carbon capture, biogas\/biomethane, and renewable hydrogen.<\/p>\n

The act proposes several key actions to drive investments into domestic manufacturing of these technologies. These include the acceleration of permits, the increase of skilled workforce, a designated platform to enable the cooperation between the Commission and member states, and regulatory sandboxes member states can use to test innovative technologies.<\/p>\n

Alongside the Net-Zero Industry Act, the Commission also released its Critical Raw Materials proposal<\/a>, which aims to strengthen the bloc\u2019s supply of the critical minerals needed to manufacture green tech<\/a> and reduce dependence on imports.<\/p>\n

Both regulations are pending approval by the European Parliament and Council before they can enter into force.<\/p>\n

\u201cDemand is growing in Europe and globally, and we are acting now to make sure we can meet more of this demand with European supply,\u201d Von der Leyen noted.<\/p>\n<\/p><\/div>\n

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\n Ioanna Lykiardopoulou<\/p>\n","protected":false},"excerpt":{"rendered":"

Story by Ioanna Lykiardopoulou Ioanna is a writer at TNW. She covers the full spectrum of the European tech ecosystem, with a particular interest in startups, sustainabili (show all) Ioanna is a writer at TNW. She covers the full spectrum of the European tech ecosystem, with a particular interest in startups, sustainability, green tech, AI<\/p>\n","protected":false},"author":1,"featured_media":619244,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[44094,1053,46],"tags":[],"class_list":{"0":"post-619243","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eus","8":"category-strategy","9":"category-technology"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/619243","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=619243"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/619243\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/619244"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=619243"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=619243"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=619243"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}