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Brussels pitches €100B for grand plan to boost made-in-EU clean manufacturing

  • The European Union plans to decarbonize factories and reduce energy costs amid an ongoing energy crisis following Russia's invasion of Ukraine.
  • The draft proposal aims to electrify 32% of the economy by 2030 and install 100 gigawatts of renewables annually.
  • Experts warn that the EU's industrial policy competence is limited, and expectations for the Clean Industrial Deal may be overblown.
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  • 48% of the sources lean Left
48% Left
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euractiv.de broke the news in on Tuesday, February 25, 2025.
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