The EU intends to reduce its carbon footprint by investing in space

The €15 billion finance is set to fund the European Union‘s space program, making it independent of China and the United States.  EU commissioners also see this as a significant move for the continent’s green as well as digital transformations. The EU is looking for a milestone in its space plan as the COVID-19 epidemic keeps much of Europe at a standstill. More than a self-sustain space industry competing with China and the United States, the continent is finding more; the sector must also integrate into European Green Deal. “We require a more ambitious and aggressive approach, I think,” stated European Commissioner Thierry Breton, specifying the key goals for the European Union space program in the next seven years.

Breton stated that to decrease its dependency on third countries, the European Union must act rapidly. Strategic independence is the latest catchphrase from Brussels that replicated mostly during the European Space Conference held earlier this week throughout Breton’s and other European Union officials’ speeches. As Europe intends to resolve economic needs within its boundaries, its aerospace policy is also expected to concentrate inwards. Noting that “internet attacks are no longer fiction,” Breton clarified that the EU must establish a stable broadband network.

He also stressed that creativity and progress in space need to be encouraged by the European Commission while striving to extend its current programs. Otherwise, Galileo as well as Copernicus, the primary satellite ventures in Europe, will quickly become obsolete, he added. Following the approval of these proposals by the European governments as well as the European Parliament, over the 2021-2027 periods, €15 billion will be dedicated to space sector programs, in addition to existing financing from national governments as well as private contributions.

The number of satellite flights, as well as space missions, has increased worldwide over the past decade. On the other side of the moon, China’s lunar rover landed. Private firms across the United States have also made rapid strides. SpaceX returned two of the reusable rocket cores to the Earth successfully. There is a growing concern for the European Union to realize its space aspirations as critical infrastructures such as transport and connectivity depend on space technologies. The other pressing target for the continent is to be carbon-free by the year 2050. The extension of EU aerospace operations, which now rely heavily on metal and fuel production, must conform to the European Green Deal.