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The Indicator from Planet Money
Why the EU is investigating China's wind turbines
Apr 10, 2024
European Commissioner for Competition, Margrethe Vestager, discusses the E.U.'s investigation into Chinese wind turbine subsidies and the challenges of competing with low-cost green technology. The conversation also touches on U.S. climate industrial policy and the importance of global collaboration in the green tech industry.
09:27
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Quick takeaways
- The E.U. is investigating Chinese wind turbine subsidies to address unfair competition in green tech industries.
- The European Commission introduced the Foreign Subsidies Regulation to ensure fair competition and prevent market distortions.
Deep dives
Investigating Chinese Wind Turbines
The European Union's Antitrust Commissioner announced an investigation into Chinese wind turbines, questioning if their low prices were due to unfair subsidies that could harm European competitors. This investigation reflects concerns about China's dominance in green tech industries and the challenge of balancing decarbonization efforts with supporting European tech companies.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode