The EU Council has gathered to consider the European Green Deal, a large scale re-imagining of how Europe’s economies can collectively create the first carbon-neutral continent by 2050. The goal is a comprehensive makeover of all sectors of the economy in support of the ambition of reducing greenhouse gas emissions and avoiding the worst consequences of climate change.
In March 2020, the commission will propose a new industrial strategy to address what it calls, “the twin challenge of the green and the digital transformation.” Priority areas mentioned in the plan include clean steel technologies, hydrogen, fuel cells and other alternative fuels, energy storage, and carbon capture, storage and utilisation. The plan re-affirms the goal to dedicate at least 35 per cent of the EU’s 2021-2027 Horizon Europe programme to climate research.
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