The sweet spot: Between de-risking from China and Europe’s green future

A key priority for both the European Union and the United States is to reduce dependencies on China in green industries. Only this week, the United States announced a ramping up of tariffs on Chinese-made electric vehicles, solar panels, steel, and other goods. However, with China’s dominant position in the production of green technologies, European policymakers are facing difficult decisions when it comes to de-risking. Again and again, national security and domestic economic considerations have to be weighed against the effects of climate change.  

In this week’s episode, Mark Leonard welcomes Robbie Diamond, founder and CEO of SAFE, and of its European Initiative for Energy Security (EIES), and Janka Oertel, director of ECFR’s Asia programme and co-author of ECFR’s upcoming policy brief on de-risking, to discuss de-risking and the future of Europe’s green industries. How should the EU tackle the issue of dependency on China? Is it possible to find a sweet spot between successful de-risking and not slowing down the green transition? And how is the US response different from the EU’s? 

This episode was recorded on 15 May 2024 

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