40% clean tech from the EU by 2030: von der Leyen

"With the Net-Zero Industry Act, we are setting the ambition. By 2030, we want to be able to produce at least 40% of the clean tech needed," the president of the EU Commission, Ursula von der Leyen told the European Parliament today.

"We are facilitating permitting. We are working with regulatory sandboxes. We are creating simpler state aid schemes. And we are allowing for tax breaks and the flexible use of EU funds. In short, the Net-Zero Industry Act provides speed, simplification, plus funding," von der Leyen noted.

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