Bloomberg Law
March 16, 2023, 3:16 PM

EU Wants to Attract Clean Tech: Here’s What You Need to Know (1)

John Ainger
John Ainger
Bloomberg Editorial

The European Union unveiled its plans to join the global race to produce clean technologies as the bloc strives to reach its ambitious climate goals.

The landmark Net-Zero Industry Act is focused on nurturing green manufacturing, while an accompanying measure seeks to secure ample supplies of critical raw materials that are a vital part of the energy transition. They proposals are also a response to growing competition from the US and China.

However, they’ve raised concerns about fueling protectionism, and some analysts say they could even undermine the fight against climate change. We take you through the plans and ...