Opinion / #electrification
The European Union faces a strategic choice in deciding how to deal with China’s green-tech dominance. Instead of implementing defensive industrial policy, it should try to find common cause with China on clean trade and investment, using its strengths in rulemaking and norm-setting to promote both sides’ economic interests.
The Asia-Pacific is at the forefront of green industrial policies and must accelerate the transition through multilateral efforts to serve as a model for a greener future.
A balanced approach that includes both solar photovoltaic and solar thermal, backed by strong policy support, local manufacturing and circularity infrastructure, is essential to ensure India’s energy security.
India’s clean energy transition is often portrayed as prohibitively expensive. But a new study finds that actual financing needs are far more modest and concentrated in just four sectors, including steel and cement.
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