The European Net-Zero Industry Act: planting the seeds for sustainable economic growth

The European Net-Zero Industry Act (NZIA) presents a great opportunity for the EU to address climate change while encouraging economic growth. This package arrives at times of need given the ongoing crises and other countries’ decarbonisation investments, particularly the US Inflation Reduction Act. On Wednesday, 25 October, the European Parliament passed a vote to support the Act’s adoption, demonstrating their sustained commitment towards the NZIA’s sustainability goals. The American Chamber of Commerce to the EU (AmCham EU) supports this initiative and is pleased to see the EU making advancements in the green transition without hindering economic prosperity.

News
25 Oct 2023
The European Net-Zero Industry Act: planting the seeds for sustainable economic growth

AmCham EU member companies are also highly committed to reducing carbon emissions while protecting the EU’s competitiveness. However, to strike this balance the Act must include any technology that contributes to decarbonsation, such as Carbon Capture and Storage, in its benefit package. The EU must also prioritise regulatory coherence, geographic non-discrimination, simplified funding support, and it must address the current skills shortage. Finally, European policymakers should encourage transatlantic cooperation on strategic investments and incentives to avoid duplication and shift supply chains away from strategic rivals.

American industry in Europe is committed to collaborating with the EU in its search for low-carbon energy and technology manufacturing, but we must ensure that the region’s competitiveness is not hindered in the process.

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Export controls fit for today's economy

The Dual-Use Regulation gives Europe a common framework for economic security, but divergent national implementation is weakening it. The same transaction can be assessed differently depending on the Member State, with guidance on cloud and software-as-a-service transfers remains unclear. Licensing processes, meanwhile, still assume a physical consignment rather than digital workflows, which sits poorly with how integrated global businesses operate. Companies bear the added cost and legal uncertainty, while the security benefit is limited. A single EU-wide approach to intangible transfers and closer alignment with the US and UK would make controls more predictable and let authorities focus on genuine risks. Read how the revision of the Dual-Use Regulation can deliver a harmonised and future-proof framework for Europe.

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The Single Market is only as simple as its Member States make it

This blog is authored by Malte Lohan, CEO, AmCham EU.

What exactly is ‘single’ about a market where the same product needs different national markings, a cyber incident can require dozens of reports and a professional qualification may stop being recognised at the border?

These examples come from different sectors, but they point to the same contradiction. The EU creates common rules, yet companies still encounter national requirements that divide Europe into separate markets in practice.

The stakes are high for American companies invested in Europe. The United States is the largest single source of inward foreign direct investment (FDI) into the EU. In 2025, American companies invested more in Europe (53%) than they did the rest of the world combined. This has been the case for decades. Much of this appeal lies in the promise of a large, prosperous Single Market.

Yet there are signs that this position is coming under pressure. While Europe remains the leading destination for US investment, its share of total US outward FDI has fallen to its lowest level in more than four decades. More recent indicators point in the same direction too. EY’s 2026 European Investment Monitor found that 943 US companies invested in Europe last year, 16% below the annual average of 1,124 over the previous five years. To reverse these trends, Europe needs to make itself a more attractive place to invest, beginning with a more integrated Single Market.

That is why the simplification agenda cannot lose steam – in Brussels and national capitals. In her September State of the Union address, European Commission President Ursula von der Leyen highlighted the need for EU-wide coordination. ‘Simplification cannot be a one-way street’, she said. ‘All levels have to have skin in the game’.

As EU leaders check in on progress under the ‘One Europe, One Market’ roadmap at this week’s European Council meeting, they should look closely at how national choices affect companies operating across borders. That means addressing three related but distinct problems: gold-plating, uneven implementation and the national barriers that continue to fragment the Single Market.

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13 Oct 2026

From fryer to fuel

After frying frites, bitterballen, churros or arancini, many people don’t think twice about disposing of used cooking oil. Yet one litre of waste oil can contaminate one million litres of water, according to the European Commission. At Cargill’s facility in the port of Ghent, Belgium, used cooking oil and other residual oils and fats are treated as raw materials, cleaned and converted into biodiesel for trucks and ships. This puts circularity into practice on an industrial scale at one of Europe’s largest facilities of its kind. Since production began, Ghent’s biodiesel is estimated to have reduced greenhouse gas emissions by 1,188,000 tonnes compared with fossil diesel, equivalent to taking about 550,000 cars off the road for a year. Read the full story on Invested in Europe.

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