Why business wants Europe to hold its nerve on its 2040 climate target
During Ursula von der Leyen’s State of the Union speech she urged Europe to “stay the course” on its environmental goals. She reminded MEPs the Green Deal is not just climate policy but industrial strategy; that Europe is a global leader in clean-tech patents, is closing the gap with the U.S. in venture capital and is competing head-to-head with China. Her point was simple: Europe’s competitiveness and independence rest on its ability to lead the clean-tech race.
During Ursula von der Leyen’s State of the Union speech she urged Europe to “stay the course” on its environmental goals. She reminded MEPs the Green Deal is not just climate policy but industrial strategy; that Europe is a global leader in clean-tech patents, is closing the gap with the U.S. in venture capital and is competing head-to-head with China. Her point was simple: Europe’s competitiveness and independence rest on its ability to lead the clean-tech race.
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