European Commission President Ursula von der Leyen presented to MEPs in Strasbourg this Wednesday the results of her trip to the United States, where she spoke with President Joe Biden about programs to promote investments in green technology. encourage – in the Inflation Reduction Act in the US and the Green Deal in the EU.
Von der Leyen claims that the two economies are now more aligned and that many of the differences have become obsolete, but he understands that there is a lot of work to be done in the common space so that the European Union is more competitive in what is seen as the industry of the future.
The Commission President believes investment in climate-impact technologies needs to be accelerated and says the journey to the US has made progress in political discussions, ensuring that European companies remain at the forefront of clean technology.
“President Biden and I confirmed an understanding regarding electric cars, which will allow European automakers access to US tax breaks,” said Ursula von der Leyen.
The President of the Commission emphasizes the importance of the joint work of the world’s two largest economic areas to ensure relevance in a multimillion-dollar industry.
“Global investment in the clean transition exceeded $1 billion last year, which is 30% more than in the previous year,” emphasized Von der Leyen, underlining that “this global market for clean technologies should triple by 2030.” .
In other words, the race is on [e] We have to work together if we want to stay ahead,” said the head of the community’s executive branch, admitting, however, that there is still a lot of work to be done on the European side.
“We Europeans must improve the development of our own clean technology industry, we must speed up and simplify procedures and we must guarantee better access to public and private funding,” he defended.
Von der Leyen also reported that he began “discussions on a critical raw materials deal” with Joe Biden, with the aim of “ensuring that critical raw materials for electric vehicle batteries, extracted or processed in the EU, are treated in the same way as in the same way as if they came from the US”.
The President of the European Commission believes that “this will ensure strong battery supply chains in Europe and secure access to the US market”.
“We need to nurture our own cleantech industrial base, both to create new jobs here in Europe and to ensure access to the clean solutions we so desperately need,” he stressed.
Source: DN
