“Net-Zero Industry Act”. This is the name of the new plan presented this Thursday by the European Commission to respond to the billions of dollars in subsidies granted by the US government to industrial companies within the framework of the Inflation Reduction Act (IRA).
With this text aimed at accelerating the green transition on European soil, Brussels also wants to boost the competitiveness of its industry against China and reduce its dependence on Asian countries.
To this end, the Net-Zero Industry Act sets the goal of manufacturing cleaner technologies in Europe such as solar panels, electrolysers or turbines for wind turbines in order to cover 40% of our needs in 2030. .
Clash of simplification, formation…
To achieve this, the European Commission proposes some ways. Starting with a simplification stroke by promising a reduction in administrative delays to start a green industrial project in Europe. The text also foresees reinforcing training in the eight Brussels target areas (solar, wind, storage, geothermal, electrolyzers, biogas, capture and storage (CCS) and networks) and accelerating CO2 storage (50 million tons of storage capacity). annual injection in 2030.
In addition, a hydrogen bank should see the light of day to connect hydrogen producers and customers. Nuclear is also part of the solutions mentioned since the atom is part of the forms mentioned by the text to contribute to decarbonation, in particular to produce hydrogen.
Finally, the European Commission project aims to better ensure the continent’s supply of critical materials (cobalt, lithium, etc.) by setting the goal of extracting at least 10% of its needs from local mines.
Source: BFM TV
