The Critical Raw Materials and Net-Zero Industry Acts need crucial improvements to support industries that are critical for EU’s strategic autonomy

Brussels, 20 March 2023 - The manufacturing alliance AEGIS Europe welcomes the publication of the Net Zero Industry and Critical Raw Materials Acts, two important legislative proposals meant to reinforce the industrial basis needed to achieve the European Green Deal and REPowerEU objectives. “Bearing in mind the initiatives taken by the US (i.e. Inflation Reduction Act), Japan (i.e. Green Transformation Programme) and China (i.e. latest Year Plan), our members acknowledge the importance of the Critical Raw Materials Act and the Net-Zero Industry Act. However, the EU proposals need further improvement and must be fully complementary with one another in order to be able to really support the European industry in their pledge to decarbonise and do away with third country dependencies,” commented Inès Van Lierde, co-chair of AEGIS Europe. Read our press release here.