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EU aims to agree key path towards green industry ambitions

 Published: 12:38, 6 February 2024

EU aims to agree key path towards green industry ambitions

European Union policymakers hope to agree new rules on Tuesday to promote domestic production of equipment for solar and wind power, fuel cells and other clean technologies to ensure its industry can compete with Chinese and US competitors.

The bloc aims to set a 2030 target of producing 40% of the products it needs to reduce greenhouse gas emissions. These will cover renewable energy, battery storage, heat pumps, electrolysers, biogas, carbon capture and electricity grids.

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