UPSC CSE Prelims
Question 74
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 ?
View correct answer and explanation
Correct answer: C
Correct Option: C (Statement-I is correct, but Statement-II is incorrect)
Explanation: The EU advanced its Net-Zero Industry Act to expand clean-technology manufacturing capacity; its climate-neutrality target is 2050, not 2040, and it does not require all technology to be domestically made.
Statement / Pair / Item-wise Analysis:
I. Correct/True - The European Parliament approved the Net-Zero Industry Act in 2024.
II. Incorrect/False - EU climate neutrality is targeted by 2050, not 2040; the Act does not require 100% self-sufficiency.
Option-wise Analysis:
A. Incorrect-Statement II is false: EU climate neutrality is targeted by 2050, not 2040; the Act does not require 100% self-sufficiency.
B. Incorrect-Statement II is false: EU climate neutrality is targeted by 2050, not 2040; the Act does not require 100% self-sufficiency.
C. Correct-only Statement I is true.
D. Incorrect-Statement I is true, not false: The European Parliament approved the Net-Zero Industry Act in 2024.