25
Apr
2024
Watch
Framework of measures for strengthening Europe’s net-zero technology products manufacturing ecosystem (Net Zero Industry Act) (debate)
Mr President, thank you very much. Commissioner, thank you very much. Friends and colleagues! I believe that the Net-Zero Industry Act is a key step towards delivering on our commitment to climate neutrality by 2050. By moving to net zero, we have the ability to ensure a secure and sustainable supply chain. This means diversifying energy sources and investing in domestic production capacity. The regulation encourages Member States to make targeted investments in specific areas across Europe, which will strengthen the European Union's energy system. In addition to improving the definition of technology and integrating innovation and competitiveness, funding is earmarked for the successful transition of industry towards sustainable production. Let us make sure that the implementation of this act brings benefits to citizens by creating jobs and preserving economic stability. I believe that by focusing on different zero-emission technologies and using our own European industry, we are not only tackling climate change, but also ensuring the resilience of our energy and industrial system.