Consider the following statements

2024

“International Org,TreatiesXEnvironment”, Environment

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?

(a)

Both Statement-I and Statement-II are correct and Statement-II explains Statement-I

(b)

Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-I

(c)

Statement-I is correct, but Statement-II is incorrect*

(d)

Statement-I is incorrect, but Statement-II is correct

Answer:

(c)

Explanation

1. The European Parliament approved the Net-Zero industry Act to bolster EU production in technologies needed for decarbonization. So statement I is correct. https://www.europarl.europa.eu/news/en/press-room/20240419IPR20568/meps-adopt-plans-to-boost-europe-s-net-zero-technology-production 2. The EU aims to be climate-neutral by 2050 – an economy with net-zero greenhouse gas emissions. So statement II is incorrect as it says EU intends to achieve carbon neutrality ny 2040. https://climate.ec.europa.eu/eu-action/climate-strategies-targets/2050-long-term-strategy_en