The Net-Zero Industry Act (NZIA) of the EU was published in the Official Journal of the EU on June 28, 2024, and entered into force on June 29, 2024, aiming to boost the competitiveness of EU industry and technologies crucial for decarbonization. The Act sets a goal for net-zero manufacturing capacity to meet at least 40% of the EU's annual deployment needs by 2030, introduces streamlined permitting procedures for net-zero technology projects, and includes measures to stimulate demand in carbon capture and storage while creating a more predictable regulatory environment for net-zero initiatives.