EU Net-Zero Industry Act
Question
Consider the following statements: Statement-I: The European Parliament approved The Net-Zero Industry Act recently. Statement-II: The European Union intends to achieve carbon neutrality by 2040 and therefore aims to develop all of its own clean technology by that time. Which one of the following is correct in respect of the above statements?
Options
Both Statement-I and Statement-II are correct and Statement-II explains Statement-I
Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-I
Statement-I is correct, but Statement-II is incorrect
Statement-I is incorrect, but Statement-II is correct
Explanation
Statement-I is correct; the EU indeed passed the Net-Zero Industry Act to boost domestic green tech manufacturing. Statement-II is incorrect because the EU's legally binding target for carbon neutrality (under the European Climate Law) is 2050, not 2040.
Answer: (c).
Question details
Year
2024
Paper
GS Paper 1
Question
Q96
Subject
Environment
Sub-topic
Climate Change & Negotiations
Type
Assertion-Reason
Difficulty
Medium
Nature
Current-affairs-linked
Source hint
European Climate Law / EU Net-Zero Industry Act Approval 2024
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