Get the Full Story, Without the Noise.
Published loading...Updated

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.
Insights by Ground AI
Does this summary seem wrong?

115 Articles

All
Left
13
Center
7
Right
8
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 46% of the sources lean Left
46% Left
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

euractiv.de broke the news in on Tuesday, February 25, 2025.
Sources are mostly out of (0)