EU law to boost clean tech production to enter into force in June

The EU’s Net-Zero Industry Act (NZIA) is set to enter into force by the end of June, following its final adoption today. The key regulation aims to ensure that homegrown clean tech can cover at least 40% of the bloc’s demands by 2030. “Demand is growing in Europe and globally, and we are now equipped to meet more of this demand with European supply,” EU chief Ursula von der Leyen said in a statement. The Union hopes that by boosting its domestic manufacturing capacity, it can reduce its reliance on external countries for net-zero technologies. This includes the bloc’s dependence…

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