Clean

The European Commission has presented its Clean Industry Pact to support companies in the race to develop clean technologies. It has announced that it is putting €100 billion on the table initially, in response to international competition.

A massive document drop from the European Commission on Wednesday will be the clearest signal yet of how far the EU is prepared to change course on environmental protection, climate action and workers’ rights in pursuit of competitiveness.

A draft of updated rules on permissible state aid within the forthcoming Clean Industrial Deal has no explicit mention of nuclear power, despite recent signals from the European Commission executive that it was beginning to see the technology as integral to the EU’s transition to net-zero.

The outgoing US president, Joe Biden, signed an executive order that promotes the growth of artificial intelligence infrastructure.