Consider the following statements: The European Parliament approved The Net-Zero Industry Act recently

Consider the following statements: The European Parliament approved The Net-Zero Industry Act recently

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 Explanation: Statement I is correct, but Statement II is incorrect: Statement I: The European Parliament recently approved the Net-Zero Industry Act, which aims to increase the production of net-zero technology within the European Union. The act is part of the green deal industrial plan, along with the critical raw materials act and the electricity mar…