Q. 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-1
(c) Statement-I is correct, but Statement-II is incorrect
(d) Statement-I is incorrect, but Statement-II is correct
Correct answer: (c) Statement-I is correct, but Statement-II is incorrect
Question from UPSC Prelims 2024 GS Paper
Explanation :
Statement-I: The European Parliament approved The Net-Zero Industry Act recently.
This statement is correct. The European Parliament debated and finalized the Net Zero Industry Act on February 6, 2024, which aims to enhance domestic production of green technologies, including renewables and energy storage.
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.
This statement is incorrect in its timeframe. The EU’s goal is to achieve carbon neutrality by 2050, not 2040. However, it has set a target to reduce net greenhouse gas emissions by 90% by 2040, which is part of its strategy to reach carbon neutrality by 2050.
Given this analysis, the correct option is: (c) Statement-I is correct, but Statement-II is incorrect.
