Renew Europe welcomes today's approval of the report on the Net Zero Industry Act (NZIA) by the Industry, Research and Energy Committee. It lays a solid foundation for the deployment of a truly European cleantech industry that is able to compete globally and contributes to the strengthening of our open strategic autonomy. Faced with anti-competitive practices and massive subsidies from China and the United States (IRA), the EU emphasizes that subsidization is not a panacea and is committed to working to level the playing field to keep the industry on European soil while achieving its energy and climate ambitions.

MEP Christophe Grudler , (Movement Démocrate, France) , Restore Europe's Shadow at NZIA, declared:

"If we want our climate transition to be successful, we need to drastically expand our production of clean technologies in the EU. The Net Zero Industry Act will help us achieve this by making permitting easier and supporting our innovative industries. Our goal is to strengthen our industrial sovereignty by producing more solar panels, wind turbines, electrolysers, SMRs or batteries in Europe."