European Commission president Ursula von der Leyen announced on Tuesday (17 January) a plan to boost subsidies and tax breaks for clean-tech companies in the face of US and Chinese competition.
"China has been openly encouraging energy-intensive companies in Europe and elsewhere to relocate all or part of their production," she said, speaking at the World Economic Forum in Davos, Switzerland. "To get ahead of our competition, we need to make Europe more investment friendly."
The ...
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Wester is a journalist from the Netherlands with a focus on the green economy. He joined EUobserver in September 2021. Previously he was editor-in-chief of Vice, Motherboard, a science-based website, and climate economy journalist for The Correspondent.