UPSC Prelims 2024 Question on – EU Net-Zero Industry Act Explained
Q. Consider the following statements:
Statement I: The European Parliament approved the Net-Zero Industry Act recently. Statement II: The European Union intends to achieve carbon neutrality by 2040 and therefore aims to develop all of its own clean technology by that time.
Which one of the following is correct in respect of the above statements?
✅ Correct Answer: (c)
Explanation:
Statement I – Correct: The European Parliament has approved the Net-Zero Industry Act to boost domestic manufacturing of clean technologies within the EU.
Statement II – Incorrect: The EU aims to achieve climate neutrality by 2050, not 2040. The Act targets producing 40% of clean technology needs by 2030, not full self-reliance.
