SECTORAL POLICIES / Competitiveness

40% target for production of ‘net zero’ technologies does not make sense, according to Bruegel and I4CE

Brussels, 17/05/2023 (Agence Europe)

In two separate publications, the Brussels-based ‘think tank’ Bruegel and the Institute for Climate Economics (I4CE) denounce the ineffectiveness of the target of 40% net zero emission technology production compared to needs in the EU by 2030. The Commission proposed this production target in its ‘Net-Zero Industry Act’ (see EUROPE B13143A1). However, for the authors of both publications, this overall objective is not relevant, as the current production of these technologies varies...