Member states and the European Parliament have politically agreed on the Net-Zero Industry Act (NZIA). The law is intended to be Europe’s response to the US Inflation Reduction Act and to improve the conditions for manufacturers of a range of climate-friendly technologies. This will supplement the regulatory agenda of the European Green Deal with a business case for the first time, said Christian Ehler (CDU), the rapporteur for the European Parliament. However, the Council and Parliament still need to formally approve the agreement.