Esade Business & Law School

Nils Redeker: “We need one common industrial policy in the EU and not 27”

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Sinopsis

The Inflation Reduction Act (IRA) is the most significant piece of climate legislation the US has ever seen. Although it will give a major boost to the green transition, its focus on subsidies raises concerns about the impact on the EU’s competitiveness. The director of EsadeGeo, Angel Saz-Carranza, discusses with Nils Redeker the implications of the IRA from the European perspective. Together, they explore how an EU industrial policy for the energy transition should look like and its main challenges.  Nils Redeker is Deputy Director of the Jacques Delors Centre of the Hertie School in Berlin and one of the top voices regarding industrial policy in Europe. His academic work focuses on European fiscal and economic policy, reforms of the EU's economic governance, and the role of Germany in the EU.