#Davos 2023: #EU announces new #green proposals to rival #Biden's #IRA

"The president of the #EuropeanCommission, #UrsulaVonDerLeyen, said Tuesday her institution was drafting a new law targeting the region’s #GreenIndustries, hoping to make #Europe the home of #CleanTech and #innovation.
'We will put forward a new #NetZeroIndustryAct ... The aim will be to focus #investment on strategic projects along the entire #SupplyChain. We will especially look at how to simplify and fast-track permitting for new #CleanTech production sites,' she said at the #WorldEconomicForum in Davos."

https://www.cnbc.com/2023/01/17/davos-2023-eu-announces-new-green-proposals-to-rival-bidens-ira.html

EU announces new green proposals to rival Biden's Inflation Reduction Act

The president of the European Commission, Ursula von der Leyen, said Tuesday her institution was drafting a new law targeting the region's green industries.

CNBC
@tero You trust DaVos men?!
@Doom_Bunny, Ursula is a woman, and the president of the European Commission.
@tero and that somehow makes market based solutions a good idea despite 400 years of history?
@Doom_Bunny, the plan she outlines is a market intervention to increase green energy and make industry zero-waste.