Prelims 2024 · Environment · Question 46
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?
Answer
Statement-I is correct, but Statement-II is incorrect
Statement-I: Correct. The European Parliament did approve the Net-Zero Industry Act (NZIA) recently as part of the EU’s green industrial policy.
Statement-II: Incorrect. The EU’s legally stated goal is climate neutrality by 2050, not 2040. Also, the NZIA does not aim to develop all clean technology domestically by then; it targets scaling up manufacturing capacity in key net-zero technologies.
Answer: Since Statement-I is correct and Statement-II is incorrect, the correct option is (c).