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Net Zero Industry Act in Europe: Scaling Up Manufacturing of Net-Zero Technologies
The chapter explores the Net Zero Industry Act in Europe, setting a goal for at least 40% of Net-Zero technologies to be manufactured in the region by 2030. It discusses specific targets for scaling up production of wind turbines, batteries, and solar panels, along with addressing issues like permitting, market access, and funding. The conversation emphasizes the need for Europe to focus on building a strong battery industry, decreasing electric vehicle costs, and exploring opportunities to compete with China in advanced solutions.