The European Commission is preparing to publish the main elements of a strategy aimed at ensuring the competitiveness of European industry with the United States and China. We are talking about the production of products and environmentally friendly technologies, as well as access to raw materials necessary for the transition to «green» technologies. The laws «Clean Industry Law» and «Critical Raw Materials Law» are part of the «Green Deal» industrial plan: they are aimed at achieving EU leadership in reducing carbon emissions. However, it is worth noting that at the moment there are signs that the EU is lagging behind in this area. The head of the European Commission, Ursula von der Leyen, said that by 2030, global investments in the transition to «green energy» should grow 3 times compared to $1 trillion last year. Also, the EU's goal by 2030 is to produce at least 40% of products using clean technologies, partly by optimizing the issuance of permits for «green» projects and stimulating investment. Experts note that the promotion of «green» technologies is possible by providing tax incentives and using existing EU funds for subsidies. The European Union intends to independently provide itself with 10% of critical raw materials and increase processing to 40% of its needs by 2030.
At the same time, a number of problems remain: in particular, the supply of minerals vital for the transition to a «green» economy. As you know, almost 90% of rare earth elements and 60% of lithium, a key element for batteries, comes from China.
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