Europe Grapples with Balancing Free Trade Principles and Clean Energy Ambitions

Global policy around clean energy is shifting rapidly away from free trade and toward an era of protectionism as nations around the world race to gain a foothold in the burgeoning decarbonization sector. Anxiety about being left behind and rendered unable to compete on the global clean energy market has kicked off a global subsidy push.

And as a result, it seems like Europe might be in trouble. After decades of global emphasis on liberalizing trade, we’re seeing a sea change in industrial policy across the world as “nations are offering…