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

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose the membership package that's right for you and your organisation, via our 3 membership levels.

Join now

 

Already a BusinessGreen member?

Login

More on Policy

BusinessGreen Intelligence Whitepaper: Everything your business needs to know about CSDDD

BusinessGreen Intelligence Whitepaper: Everything your business needs to know about CSDDD

Exclusively available to BusinessGreen Intelligence members, our latest whitepaper explores the challenges and opportunities presented by the EU's new Corporate Sustainability Due Diligence Directive requirements

clock 02 April 2025 • 1 min read
Alan Lovell to step down as chair of the Environment Agency

Alan Lovell to step down as chair of the Environment Agency

Environment Agency boss to step down at the end of the year, with government confirming search for successor is to commence

James Murray
clock 01 April 2025 • 3 min read
Defra proposes to extend ban on peatland burning in England

Defra proposes to extend ban on peatland burning in England

Government claims move would protect a further 146,000 hectares of the carbon-rich wildlife habitats across the country

Michael Holder
clock 31 March 2025 • 4 min read