The European Union will review state aid rules and launch a project to produce clean hydrogen to replace fossil fuels to help European firms to maintain a competitive edge in global markets as they embark on large-scale emissions cuts. The EU industrial strategy, unveiled by the executive European Commission on Tuesday, lays out a long-term vision to steer industry towards the bloc’s goal to cut net greenhouse gas emissions to zero by 2050. “Managing the green and digital transitions and avoiding external dependencies in a new geopolitical context requires radical change – and it needs to start now,” EU industry chief Thierry Breton said. The Commission will propose a public-private “alliance” to produce clean hydrogen, following the model of an 8.3 billion euro […]