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Rebooting the Net Zero Industry Act

Testimony before the European Economic and Social Committee

Publishing date
29 June 2023
Authors
Simone Tagliapietra
Forest

On 29 June 2023, Bruegel Senior fellow Simone Tagliapietra presented testimony before European Economic and Social Committee 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 European Parliament and EU countries in the Council of the EU should reboot the proposal and refocus its objectives, sharpening its limited instruments, improving its governance, and adding financial incentives to ensure implementation. In parallel, the EU should develop a broader green industrial policy strategy that leverages the single market in a credible manner, building a solid new governance framework and a new EU-level funding approach.

About the authors

  • Simone Tagliapietra

    Simone Tagliapietra is a Senior Fellow at Bruegel, a Professor at the Florence School of Transnational Governance of the European University Institute and an Adjunct Professor at the School of Advanced International Studies Europe of The Johns Hopkins University. His research focuses on the EU climate and energy policy, and on its industrial and social aspects. He also is a Member of the Board of Directors of the Clean Air Task Force and Senior Associate of the Payne Institute at the Colorado School of Mines. He holds a PhD in International Political Economy from the Catholic University of Milan.

Language
English

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