Brussels pitches €100B for grand plan to boost made-in-EU clean manufacturing
- The European Union has launched the Clean Industrial Deal to save over $47 billion in energy imports through measures like faster project permits and increased subsidies for renewable energy sources, as reported by Reuters.
- The European Commission claims this plan could result in savings of 130 billion euros by 2030.
- EU Energy Commissioner Dan Jorgensen stated, 'It's also expensive not to do anything,' highlighting the financial benefits of reducing external fuel purchases.
- The EU aims for a 32% electrification rate by 2030, requiring significant investments in power grids to support the energy transition.
115 Articles
115 Articles
Cement Decarbonization Policy Makers Need To Understand All Levers - CleanTechnica
The global cement industry, long recognized as a backbone of infrastructure development, faces mounting pressure to reduce its environmental impact. Responsible for approximately 7–8% of global carbon emissions, cement production is one of the most carbon-intensive industrial processes. Yet, as climate policies tighten and innovation accelerates, the industry stands at ... [continued] The post Cement Decarbonization Policy Makers Need To Underst…
Can the EU’s Clean Industrial Deal cut carbon and restore competitiveness?
Atlantic Council experts share their analysis on the EU’s new industrial policy, its implications for European energy security, and how key partners may respond to the bloc’s evolving regulatory landscape.
The battle for European batteries: 'Time for us to become the copycats'
The European industry is struggling. Yesterday, the European Commission presented a plan to change this and to give a boost to innovations: the Clean Industrial Deal. The battery industry is also being looked at. The expectation is that more and more batteries will be used in the coming years. Not only in cars and small appliances, but also batteries as large as shipping containers. The largest battery manufacturers are in China, Japan and South…
Europe puts its energy transition on life support
The NewsThe European Union is drastically curbing its climate ambitions, with a wide-ranging policy reset that aims to halt the region’s upward spiral of energy prices without scrapping its long-term decarbonization goals entirely.The Clean Industrial Deal announced Wednesday is a plan to channel €100 billion ($105 billion) into European clean tech manufacturing, combined with measures to underwrite demand for low-carbon industrial products like…
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