Europe leading the global #CleanTech race?
Yes please! ✅
The 'Net-Zero Industry Act' outlined by President @vonderleyen today is the incentive programme that Europe needs for both a zero-emissions AND #competitive clean tech #manufacturing industry.
🧵⤵️
🐦🔗: https://n.respublicae.eu/ThierryBreton/status/1615365338182418440
1️⃣
With the EU #ChipsAct as a model, we will:
✔️set clear regulatory goals for 🇪🇺 clean tech by 2030
✔️stimulate production by simplifying & fast-tracking #permitting for production sites
✔️accelerate & improve #IPCEIs
✔️strengthen supply chains (Critical Raw Materials Act)
🐦🔗: https://n.respublicae.eu/ThierryBreton/status/1615366231124574209
2️⃣
We will boost investment and financing with faster and simpler processes including on #StateAids.
Bridging financing solutions will help all 🇪🇺 27 Member States.
🐦🔗: https://n.respublicae.eu/ThierryBreton/status/1615366716426444801
4️⃣
Together, these measures will ensure sustainability goes hand in hand with #security of supply, #export capacity and #job creation.
🇪🇺
🐦🔗: https://n.respublicae.eu/ThierryBreton/status/1615370088865009666
@ThierryBreton In conformity with the #EU single market approach (better than national state aid regimes)
🐦🔗: https://n.respublicae.eu/Andreas_Schwab/status/1615584615359516673
3️⃣
Later, the EU #SovereigntyFund — as part of the review of the EU long-term budget — will provide structural support for strategic industrial projects.
🐦🔗: https://n.respublicae.eu/ThierryBreton/status/1615367219008921601