Insight
Net Zero Industry Act: The EU’s answer to the Inflation Reduction Act
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Report summary
This insight takes a look at the European Union's response to the Inflation Reduction Act: the Net Zero Industry Act. The new Act intends to increase self-sufficiency of renewables equipment in the EU. Per the EU's modelling analysis, over EUR 89 billion in new investment into manufacturing is required to reach the targets dictated by the Net Zero Industry Act. This insight assesses the current manufacturing situation in the EU and explores the pathways and hurdles in terms of cost of manufacturing and supply/demand for the manufacturing community in the EU.
Table of contents
- Pathways and hurdles to investing EUR 89 billion into renewables manufacturing
Tables and charts
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What's included
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