What the EU’s conservative shift means for climate
Jun 18, 2024
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Recent EU elections showcased a rise in far-right parties impacting climate policies. Anne Metler discusses economic challenges in the EU. The podcast explores clean energy policy shifts, climate challenges, and diverse energy technologies. It also delves into tariffs on Chinese EV imports, nuclear energy attitudes, and EU-US collaboration for clean tech growth.
Recent EU elections indicate a shift towards far-right parties and diminished Green party influence.
EU must balance climate goals with economic competitiveness through incentives and public-private partnerships.
Deep dives
Impact of EU Elections on Political Landscape
The recent European Union parliamentary elections saw a shift towards far-right parties, impacting the Green party's influence. While concerns over energy costs and security dominated voter sentiment, a more conservative parliament emerged. The elections indicated a significant move to the right, especially in countries like France and Germany. Policy decisions at both the European and national levels will affect energy and climate change agendas across Europe.
Policy-making Process at the European Commission
Legislative proposals at the EU level originate from the European Commission, with input from the European Parliament and the Council of the European Union. The complex process involves negotiations and compromises to formulate regulations and legislations. The current focus is on the Green Deal, with discussions pivoting towards adapting policies to address a changing political landscape while fostering innovation and incentivizing green technologies.
Challenges and Lessons for Climate Policy
The EU faces challenges in balancing climate goals with economic competitiveness amid rising energy costs and regulatory burdens. The need for an incentive-based approach to climate initiatives is underscored, emphasizing a shift towards investment, innovation, and public-private partnerships. Lessons from global trends highlight the importance of aligning policies for sustainable industrial growth and reducing dependency on fossil fuels.
Transatlantic Cooperation for Clean Technologies
Collaboration between the EU and the US is crucial for advancing clean technologies and addressing climate change. A trade and technology council could align regulations, standards, and investment opportunities to enhance market access and competitiveness. Both regions seek to capitalize on emerging sectors and leverage innovation to drive economic growth and environmental sustainability.
Recent elections in the European Union shook up the continent’s climate politics. Far-right parties performed well in both the EU’s parliament and national governments, and the Greens lost nearly all of their gains over the past five years in the European parliament. Voters pointed to energy costs, security, and economic competitiveness as key factors in their decision-making.
So what do these elections indicate about the shifting political ideology of the European Union? How will they impact Europe’s relations with the U.S. and China? And what do these elections mean for European climate and energy policy?
This week, host Jason Bordoff talks with Ann Mettler, vice president for Europe at Breakthrough Energy, a network of investment funds, philanthropies, and nonprofits dedicated to scaling low-carbon technologies. She previously served as director-general at the European Commission, where she ran an in-house think tank called the European Political Strategy Centre. Prior to that, she was the executive director of the Lisbon Council, an economic policy think tank she founded in 2003.
Jason and Ann discuss the results of the recent European elections, the economic competitiveness challenges facing the European Union, and Ann’s views on Europe’s new tariffs on China.
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