Posting this as a counter to exuberance about _spending money_ on “industrial capacity”
NorthVolt looked like a great story, 10 years ago.
Also, the balance on where to try and compete and where other priorities like rapid decarbonization needs to be given priority isn’t that straightforward
> A well-calibrated clean industrial policy must be dynamic, adaptable and rooted in realistic assessments of Europe’s comparative advantages. If these are lacking, partnering with foreign players – ‘derisking by embracing’ – is advisable. More than focusing on winning a global clean-tech race, the EU should focus on achieving its decarbonisation, competitiveness and resilience goals in the smartest and most-efficient manner possible.
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Posting this as a counter to exuberance about _spending money_ on “industrial capacity”
NorthVolt looked like a great story, 10 years ago.
Also, the balance on where to try and compete and where other priorities like rapid decarbonization needs to be given priority isn’t that straightforward
> A well-calibrated clean industrial policy must be dynamic, adaptable and rooted in realistic assessments of Europe’s comparative advantages. If these are lacking, partnering with foreign players – ‘derisking by embracing’ – is advisable. More than focusing on winning a global clean-tech race, the EU should focus on achieving its decarbonisation, competitiveness and resilience goals in the smartest and most-efficient manner possible.
!ping DEV-ECON