New dawn: The new circular net-zero age

The 27-nation European Union (EU) is accelerating its transition to the net-zero era at an unprecedented rate. A mix of domestic and international factors have compelled the EU to expedite regulatory processes and laws to limit its energy dependencies. Over the last two years, the EU has found it necessary to enhance its 2020 Green Deal stemmed by seismic global developments, including the COVID 19 pandemic and the Russia-Ukraine war. Motivated by a desire to preserve competitiveness and respond to geopolitical pressures, the EU hopes to turn crisis into opportunity and lead the world into the net-zero age. 

The EU hopes its ambitious plan ensures swift capital investment and deployment from the public and private sectors, reduces greenhouse gas emissions, promotes innovation, and provides training and reskilling for the workforce needed to fill newly created jobs in climate-neutral industries. 

Before that, however, the EU will have to streamline the regulatory, environmental and social permitting processes in its Member States pertaining to sanctioning and supporting net-zero projects; especially given the urgent nature of the Green Deal plan and ensuing legislation that will be required.  

The EU has achieved a lot over the last 30 years and hopes the next decade sets foundations for swift and sustainable transformation in the areas of climate change and net-zero innovations. Our expert engineers, scientists, technologists, and advisors share that vision and are passionately committed to the development of innovative technologies for non-carbon-based energy production, delivery, and storage that will help usher in a new global net-zero era.  

For a deeper dive, read my full article here.