European Commission Seeks €100 Billion for Clean Tech Initiative

Reported about 5 hours ago

The European Commission has proposed a budget of 100 billion euros to support the development of clean manufacturing within the EU, as part of its Clean Industrial Deal. This initiative aims to bolster energy-intensive industries and enhance competitiveness against global competitors. It includes plans for guarantee schemes with the European Investment Bank to reduce costs for renewable energy contracts and the establishment of an EU Critical Raw Material Centre for essential materials in the energy transition, pending approval from the European Parliament and member states.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis