Apr 10, 2024 05:01 AM
BUSINESS
EU Ramps Up Pressure on China’s Green Tech With Wind Probe
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Wind energy will play a crucial role in meeting Europe’s overarching goal of zeroing out greenhouse gasses by the middle of the century
(Bloomberg) — The European Union ramped up pressure on Chinese clean-tech investments, potentially squeezing out its local suppliers amid EU efforts to transform the bloc into a green economy.
The EU’s competition chief Margrethe Vestager announced an early stage investigation into Chinese involvement in wind parks in Spain, Greece, France, Romania and Bulgaria, in a speech in the United States.
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