As global competition and trade tensions rise, the EU Commission has pledged to create a supportive business environment for cleantech manufacturing and deployment, including €100 billion in support for manufacturing. But will this be enough to stave off the risk of deindustrialization?

In this episode of Energy Evolution, podcast correspondent Camilla Naschert explains the EU's latest legislation on competitiveness, the Clean Industrial Deal.

Guest Ben McWilliams, affiliate fellow at think tank Bruegel, lays out the global trade and investment picture on solar, batteries and electric cars and explains why the EU's plan may work.

Energy Evolution has merged with Platts Future Energy, and episodes are now regularly published on Tuesdays.