Industrial policy, State aid and clean tech [What Think Tanks are thinking]

Summary:

The European Union faces a dilemma in how to respond to the US Inflation Reduction Act, which pours billions of dollars of federal funds into the American economy by favouring US-made clean energy and technology. The debate is reshaping the EU's efforts to become a global leader in clean technologies to help combat climate change. It has also heated up the discussion on future EU industrial policy, pitting advocates of proactive State aid against defenders of the traditional EU competition policy which underpins the single market. This note offers links to recent reports and commentaries from some major international think tanks and research institutes on the debates relating to EU clean tech and industrial policies, notably in the area of State aid.

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