New technologies that have the potential to decarbonise the production of carbon-intensive industry and commodities exist, but have not been implemented on a global scale. They will require new investments unlikely to be forthcoming without substantial financial government support as well as the creation of significant new markets for lower-emitting products. Recent geopolitical developments increasingly highlight new priorities such as secure supply chains or strategic autonomy.
The session will cover, among other, recent developments in the European Union (EU) (e.g. net zero industry and Critical Raw Materials Act), the United States (e.g. US IRA) and the G7 (e.g. Japanese G7 priorities). The focus will be to discuss strategies to avoid a subsidy race and instead create synergies and market visibility at transatlantic, possibly G7 (or beyond) scale.
Chair: Julia Reinaud, Senior Director, Breakthrough Energy
- Jacek Truszczynski, Deputy Head of Unit, DG GROW, EU Commission
- Giorgina Wright, Senior Fellow and Director, Europe Programme, Institut Montaigne
- Wadia Fruergaard, Head of Offshore and Supply Chain Policy, Vestas
- Ray Kopp, Senior Fellow and Director, Comprehensive Climate Strategies Program and International Climate Policy Initiative, RFF
Conclusion by Christian Egenhofer, Senior Research Associate, EUI School of Transnational Governance
This event is invitation only.