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

Environmental journalist and editor

View profile
More from Michael Holder

Study: Electricity bills rising 'much more slowly' than gas due to UK's clean power drive

'Sleeping giant': Poll highlights nature protection as growing concern for voters

More on Policy

'Moving into the mainstream': Record number of heat pump grants issued in August
Policy

'Moving into the mainstream': Record number of heat pump grants issued in August

Last month saw highest ever number of discount vouchers issued in a single month since the Boiler Upgrade Scheme began in 2022

Michael Holder
Michael Holder
clock 24 September 2026 • 4 min read
'Only the starting line': Germany commits to fossil fuel phase-out by 2045
Policy

'Only the starting line': Germany commits to fossil fuel phase-out by 2045

Europe's largest economy targets complete departure from oil, gas, and coal in new fossil fuel transition roadmap

Stuart Stone
Stuart Stone
clock 24 September 2026 • 5 min read
SFI 'fiasco' sparks calls for bigger nature-friendly farming budget amid huge demand
Policy

SFI 'fiasco' sparks calls for bigger nature-friendly farming budget amid huge demand

MPs and environmental campaigners call for overhaul of how Sustainable Farming Incentive funding is allocated, after thousands of farmers were left high and dry when allocation window abruptly closed this week

Rachael Brown and Michael Holder
clock 24 September 2026 • 9 min read