LEAK: Brussels targets 40% of clean tech manufacturing in Europe by 2030

(EurActiv, 6 Mar 2023) The European Commission is drafting a new target to have at least 40% of clean technologies manufactured in the EU by 2030 as part of a drive to meet its climate goals and strengthen energy independence. Eligible technologies include renewables, nuclear power and carbon capture and storage, among others.

The draft law, seen by EURACTIV and due to be published on 14 March, looks at increasing support for key technologies that will help Europe reduce its emissions and switch to carbon-free energy production.

“Europe is determined to lead the clean tech revolution,” said European Commission President Ursula von der Leyen when she announced the Green Deal Industrial Plan in February.

“We have a once in a generation opportunity to show the way with speed, ambition and a sense of purpose to secure the EU’s industrial lead in the fast-growing net-zero technology sector,” she added.

The new law marks a “make-or-break moment for Europe”, according to Ann Mettler, the European vice president of Breakthrough Energy, an initiative by US billionaire Bill Gates aimed at supporting clean technologies.

“Accelerating the energy transition is the defining generational challenge of our times. The Green Deal Industrial Plan and net zero industry act must quickly address gaping shortcomings that have exposed existential vulnerabilities,” Mettler said.

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EurActiv, 6 Mar 2023: LEAK: Brussels targets 40% of clean tech manufacturing in Europe by 2030