US climate envoy John Kerry speaks to EU climate czar Frans Timmermans at the COP26 UN climate change conference in Glasgow, Scotland, on November 12, 2021. Photo: Reuters
Opinion
Opinion
Unlike the US, the EU’s green industrial policy is not aimed at China
- Rather, the EU’s Critical Minerals Act and Net-Zero Industry Act address supply security concerns raised by the Ukraine war, and climate change
- The policies are also smaller in scope and less ambitious, as the export-dependent EU will continue to rely on large consumer markets such as China
US climate envoy John Kerry speaks to EU climate czar Frans Timmermans at the COP26 UN climate change conference in Glasgow, Scotland, on November 12, 2021. Photo: Reuters
