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Published 1 year ago

EU's green industry drive – too little, too late?

Summary by Ground News
European Commission pushes new laws to tackle high power prices, secure supplies of critical raw materials, and bring home clean technology production. Move prompted to a large extent by the US Inflation Reduction Act (IRA), which provides generous subsidies to companies located in the country. Even the proposals themselves seem a little haphazard. The Net-Zero Industry Act has also been met with mixed reactions.

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