Monday, 23 September 2024
Home Topics Transport Electric Vehicles EU leaders want more green industry in Europe, draft shows
Electric VehiclesEmissionsManufacturingNewsPoliticsWind

EU leaders want more green industry in Europe, draft shows

31
FILE PHOTO: A survey vessel sails past wind turbines at the Burbo Bank offshore wind farm near New Brighton, Britain, January 23, 2023. REUTERS/Phil Noble/FILE PHOTO
The EU wants a greater focus on green technologies. REUTERS/Phil Noble/FILE PHOTO

By Kate Abnett

BRUSSELS (Reuters) – European Union leaders will call this week for a greater focus on manufacturing green technologies in Europe, as competition to produce electric cars and wind turbines heats up with China and the United States, a draft statement showed.

EU countries’ leaders meet in Brussels on Thursday for a two-day summit, where they plan to decide who should take the bloc’s top jobs for the next five years, and give guidance on policy goals.

A draft of that guidance, seen by Reuters on Tuesday, reflected a growing wish among European policymakers to support European industries to manufacture the technologies needed to meet climate goals.

“We will create a more supportive environment for scaling up Europe’s manufacturing capacity for net-zero technologies and products,” the draft said, adding that Europe’s green transition should focus on keeping industries competitive.

Other green topics were less prominent in the draft, which did not specify whether leaders intend to strengthen EU climate policies in the next five years, or invest more in adapting to worsening climate change risks from floods and heatwaves.

One of the next European Commission tasks is to propose a legally binding target for the EU to cut emissions by 2040. This was not mentioned in the draft.

Two EU diplomats said some governments have sought to reduce the documents’ focus on Europe’s green agenda, which has faced opposition in recent months from right-wing and far-right politicians.

Gains for those parties in this month’s European Parliament election are set to make it harder for the EU to pass ambitious climate policies in the next five yeas, lawmakers and officials have said.

Months of protests by farmers have added to EU policymakers’ wariness about targeting the sector with new rules to encourage more environmentally-friendly practices.

“The European Union will promote a competitive, sustainable and resilient agricultural sector that continues to ensure food security, and champion vibrant rural communities,” the draft said, adding that the bloc would continue to protect nature.

The document said EU countries will need to invest more in shifting sectors off fossil fuels and onto electricity, as well as in power grids and energy storage.

(Reporting by Kate Abnett; editing by Barbara Lewis)

Related Articles

FILE PHOTO: A drone view shows solar panels at a photovoltaic park in Sevremoine near Cholet, France, March 25, 2024. REUTERS/Stephane Mahe/File Photo
BusinessFinancePoliticsUnited Nations

Companies ask world leaders at UN to follow through on renewables targets

Executives urge world leaders to triple renewable energy by 2030, reinforcing climate...

rbonRun chief technology officer Eddie Halfyard is shown inside the Nova Scotia Salmon Association's river restoration project in the West River in Sheet Harbour, N.S., in a handout photo. A Nova Scotia company says it will receive $25.4 million for projects that reduce greenhouse gas emissions through a technology that adds crushed limestone to river water. THE CANADIAN PRESS/HO-CarbonRun **MANDATORY CREDIT**
BusinessCarbon ManagementEmissions

Nova Scotia firm CarbonRun lands US$25 million to capture carbon

CarbonRun expects US$25.4M for river-liming projects in Canada and Scandinavia to reduce...

BusinessEconomyHydrogenInfrastructurePoliticsTransmission

Spain increases green hydrogen goal, sets 12 GW capacity by 2030

Spain raises its 2030 green hydrogen target to 12 GW, boosting its...

Login into your Account

Please login to like, dislike or bookmark this article.