View full page at metalsmine.com

 

EU enters race with the US to produce clean tech in bid to reduce reliance on China

From think.ing.com

The European Union presented its Critical Raw Materials Act this week, in an attempt to secure supply chains and boost European autonomy to ensure the EU has access to materials needed to meet the bloc’s target of moving to net-zero greenhouse gas emissions by 2050. Key targets The EU’s Critical Raw Materials Act is one of the cornerstones of the EU’s Green Deal Industrial Plan, together with the Net-Zero Industry Act, which sets a target for the EU to produce 40% of its own clean tech by 2030, such as solar power or fuel cells, partly by streamlining the granting of permits for green projects. The bloc also ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis