Episode 1312: Think Tank: EU Clean Industrial Deal may be "too little, too late" to save Europe petrochemicals

BARCELONA (ICIS)--The European Commission’s Clean Industrial Deal may not be radical enough to reverse the decline of Europe’s petrochemical industry.

• Member states urged to lower energy bills by cutting taxes to legal minimums
• Improve infrastructure and connections to ease flow of renewable electricity
• €100 billion to support EU-made clean manufacturing, but questions over how chemicals can access the money
• Power Purchase Agreements (PPAs) for energy-intensive industries to partner with renewable energy providers
• More measures against unfair foreign competition
• Measures to boost circular economy and recycling
• But nothing game-changing or radical enough 

In this Think Tank podcast, Will Beacham interviews ICIS senior energy reporter Gretchen Ransow, ICIS chief news correspondent for Europe, Tom Brown and Nigel Davis from the ICIS market development team.