Abstract
The Net-Zero Industry Act (NZIA), a body of legislation proposed by the European Commission (EC) to help industry cut its greenhouse gas emissions, is receiving an angry response from Europe’s chemical industry. European environmental groups also say the draft act is problematic. “The Net-Zero Industry Act reads more like a Zero Industry Act,” Marco Mensink, director general of Cefic, Europe’s largest chemical industry association, says in a statement. The act is “very unlikely to become a game changer” in its aim to help industry cut greenhouse gas emissions to zero by 2050, he says. Technologies the EC wants to encourage include alternative fuels, renewable energy, electrolyzers for making green hydrogen, batteries, and carbon capture and storage. One of the act’s goals is to create better conditions for setting up such projects in Europe and attracting investment by streamlining legislative procedures and simplifying permit-granting. The NZIA represents a key component of
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