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

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.

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.

Related items

News
13 Mar 2026

Discussing digital policy priorities with MEPs in Strasbourg

From Monday, 9 to Wednesday, 11 March 2026, AmCham EU travelled to the European Parliament in Strasbourg for a series of meetings with policymakers to discuss ongoing EU digital policy initiatives. The delegation met with  members of the European Parliament, accredited parliamentary assistants and group policy advisers , to discuss priorities for the EU’s digital agenda. This includes exchanges on AI Omnibus, Digital Omnibus, Cybersecurity Act review, the Digital Networks Act and the upcoming Cloud and AI Development Act. Throughout the meetings, members emphasised the importance of urgent action to support the simplification of overlapping digital rules, strengthening cybersecurity while avoiding fragmentation in the Single Market and supporting innovation through proportionate, risk-based regulation.

Digital
Read more
Read more about Discussing digital policy priorities with MEPs in Strasbourg
News
13 Mar 2026

Getting the view from Washington, DC with Jovita Neliupšienė, EU Ambassador to the US

On Thursday, 12 March, AmCham EU hosted Jovita Neliupšienė, EU Ambassador to the US for a townhall discussion on the outlook for EU–US relations and the evolving economic and geopolitical environment shaping the transatlantic partnership. Moderated by Malte Lohan, CEO, AmCham EU, participants reflected on the importance of maintaining a strong and stable transatlantic relationship that continues to underpin investment, innovation and jobs on both sides of the Atlantic. 

The discussion explored perspectives from Washington on the current state of the partnership, the work of the EU Delegation in engaging US policymakers in Washington, DC and the outlook for transatlantic trade and economic cooperation. Participants also examined how the EU and the US can preserve open investment flows, avoid escalation in trade tensions and work together to address shared challenges such as global overcapacity and supply chain resilience. 

Transatlantic
Read more
Read more about Getting the view from Washington, DC with Jovita Neliupšienė, EU Ambassador to the US
News
13 Mar 2026

Joint industry statement urges review of product sustainability labelling

Together with 14 industry associations from various sectors, AmCham EU has signed a joint statement calling for the withdrawal of horizontal label requirements under the Ecodesign for Sustainable Products Regulation. While supporting the objective of improving the sustainability of products placed on the EU market and providing transparent information to consumers, the group warn that introducing horizontal labelling requirements without specific metrics and methodologies risks creating regulatory complexity and consumer confusion. The signatoires urges EU policymakers to instead address the need for a label and potential related requirements through product-specific measures supported by robust methodologies.

Environment
Read more
Read more about Joint industry statement urges review of product sustainability labelling