In this episode of the Energy Transitions podcast, Pamela Largue speaks to Faustine Delasalle, Executive Director Industrial Transition Accelerator and CEO of Mission Possible Partnership, to highlight the pros and cons of Europe's Clean Industrial Deal and to understand whether the policies it contains will address the fragility of European industry.
In this episode you will learn more about:
- The current fragile state of Europe's industries in light of the energy crisis and the need for rapid decarbonisation;
- The main pillars of the Clean Industrial Deal, designed to reshore and revitalise industrial activities;
- Potential policy pitfalls and gaps still to be addressed;
- The importance of reducing energy costs for energy-intensive industries;
- Why Europe might not be best placed to produce large amounts of clean energy and will need to look abroad to the likes of India, North Africa and the Middle East;
- The importance of creating markets for made-in-Europe clean commodities;
- Why industrial decarbonisation doesn't necessarily equal greater competitiveness for European industry;
- Why there is optimism about reaching a point where clean industry will be the new normal for Europe.