Report: Generous US green industrial support leaves EU trailing in its wake

Michael Holder
clock • 4 min read
Tesla gigafactory near Austin, Texas | Credit: iStock
Image:

Tesla gigafactory near Austin, Texas | Credit: iStock

Despite an eagerness to compete the EU remains 'less attractive' for clean tech investment and development compared to US, according to new BloombergNEF report

The US remains a far more attractive market to invest in and develop clean technologies than Europe, with the EU still struggling to compete with the generous subsidies and trade policies offered under...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

Michael Holder
Author spotlight

Michael Holder

Editor

View profile
More from Michael Holder

Keir Starmer: 'Homegrown clean energy is in the DNA of my government'

Zonal pricing: Ed Miliband stresses he is 'not in favour of a postcode lottery on bills'

More on Policy

'License to kill': Government's planning reforms face fresh warnings over 'catastrophic' threat to nature
Policy

'License to kill': Government's planning reforms face fresh warnings over 'catastrophic' threat to nature

More than 40 climate experts write to MPs as Planning and Infrastructure Bill moves towards committee stage to warn proposals could allow developers to sidestep environmental laws

James Murray
James Murray
clock 25 April 2025 • 8 min read
Lucky number seven: There are big challenges - and opportunities - in the UK's seventh carbon budget
Policy

Lucky number seven: There are big challenges - and opportunities - in the UK's seventh carbon budget

AECOM's Helena Rivers explores the CCC's recommendations for the Seventh Carbon Budget and what they could mean for the UK

Helena Rivers, AECOM
clock 25 April 2025 • 5 min read
Let's rethink climate action as a local government issue
Policy

Let's rethink climate action as a local government issue

Climate change is a local issue just as much as is a national or international one - so let's give councils more resources and responsibility to tackle it, writes Exmouth Town Council's climate officer Zoey Cooper

Zoey Cooper, Exmouth Town Council
clock 22 April 2025 • 4 min read