95
Question 95
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?
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?
AOptions
A
A) Both Statement-I and Statement-II are correct and Statement-II explains Statement-I
B
B) Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-I
C
C) Statement-I is correct, but Statement-II is incorrect
D
D) Statement-I is incorrect, but Statement-II is correct
BSolution
Statement-I is correct. The European Parliament did approve the Net-Zero Industry Act (NZIA) in April 2024 (and it was later formally adopted by the Council in May 2024). This Act is a key part of the EU's Green Deal Industrial Plan, aiming to boost the manufacturing capacity of key clean technologies within the EU to meet climate targets.
Statement-II is incorrect. The European Union's long-term goal for carbon neutrality (or climate neutrality) is by 2050, not 2040. This target is enshrined in the European Climate Law. While the EU aims to significantly increase its clean technology production to reduce reliance on external suppliers, stating it aims to develop *all* of its own clean technology is an extreme and unrealistic claim, as global supply chains and international collaboration will remain essential.
Therefore, Statement-I is correct, but Statement-II is incorrect.
Statement-II is incorrect. The European Union's long-term goal for carbon neutrality (or climate neutrality) is by 2050, not 2040. This target is enshrined in the European Climate Law. While the EU aims to significantly increase its clean technology production to reduce reliance on external suppliers, stating it aims to develop *all* of its own clean technology is an extreme and unrealistic claim, as global supply chains and international collaboration will remain essential.
Therefore, Statement-I is correct, but Statement-II is incorrect.
CStrategy
For questions on international climate policies, note the specific targets (e.g., carbon neutrality year) and the scope of industrial plans. Be wary of absolute claims like 'all of its own' as they are often incorrect in complex global contexts.
DSyllabus Analysis
Environment & Ecology: Climate Change (International Policies, Carbon Neutrality, Clean Energy Technologies). International Relations: European Union. Current Affairs.
EQuestion Analysis
This is a current affairs-driven question from Environment/International Relations. Statement I is accurate regarding recent EU legislation. Statement II contains two factual inaccuracies: the target year for carbon neutrality (2050 vs. 2040) and the absolute claim of developing 'all' clean technology. Medium difficulty.