inflationreductionact
Governments have signed off on new legislation they hope will prevent the EU from falling behind the US and China in the race to corner the market for clean energy technology, and finally see carbon capture and storage (CCS) deployed at scale after decades of false starts. The Net Zero Industry Act (NZIA), formally adopted today (27 May) at a summit of agriculture ministers in Brussels, redirects EU funding, eases permitting delays, and dovetails with the new Critical Raw Materials Act intended to secure access to elements like lithium and rare earths. The law is a response to fears of investm...
Euronews (English)
The Greens’ chief climate policy negotiator in the European Parliament has warned a shift to the right in the coming EU elections could put at risk five years’ worth of new legislative work to address the crisis of global temperature rise, while presenting his own group’s vision for a new Green Industrial Deal supported by a trillion-euro EU fund and preferential interest rates from the European Central Bank. A swing to the right and the re-appointment of incumbent European Commission president Ursula von der Leyen could see several hard-fought pieces of EU climate and energy legislation opene...
Euronews (English)
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