EU Commission Margrethe Vestager speaks to the media in Brussels in March 2024. On Tuesday, April 9, she announced an investigation into subsidies for Chinese wind turbines.
Thierry Monaci/Getty Images Europe
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Thierry Monaci/Getty Images Europe
EU Commission Margrethe Vestager speaks to the media in Brussels in March 2024. On Tuesday, April 9, she announced an investigation into subsidies for Chinese wind turbines.
Thierry Monaci/Getty Images Europe
Europe wants clean energy, but struggles to compete with the low cost of green technology in China. The European Union has just announced that it is investigating subsidies received by Chinese wind turbine suppliers, which play a role in these low costs.
In today's episode, we talk with Margrethe Vestager, European Commissioner for Competition, about how the EU is trying to build and maintain a competitive green technology industry in the face of low-priced Chinese imports. We wonder how US climate industrial policy fits into all this action.
Related episodes:
The surprising leader in electric vehicles (apple / Spotify)
Industrial policy and debate! (apple / Spotify)
Why do offshore winds experience headwinds (apple / Spotify)
For free episodes of The Indicator from Planet Money, subscribe to Planet Money+ on Apple Podcasts or at plus.npr.org.
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