Net Zero Industry Act
Testimony before the S&D ITRE Working Group at the European Parliament.
On 31 May 2023, Bruegel Senior fellow Simone Tagliapietra presented testimony before the S&D ITRE Working Group at the European Parliament on the Net Zero Industry Act.
The European Commission unveiled in March its legislative proposal for an EU response to the US Inflation Reduction Act: the Net Zero Industry Act (NZIA). The proposal contains several controversial elements and misses some other important ones. The co-legislators now have the opportunity to reboot the proposal and turn it into a NZIA 2.0, focused on setting the right enabling framework conditions to unleash the needed private sector investments in clean-tech manufacturing.