When the United States unveiled its Inflation Reduction Act and showed off the billions of dollars in financing that it is offering for industries like renewable energy, carbon capture, clean mobility and more, the first question was: how will Europe respond? Not long after Joe Biden’s administration debuted the IRA, the European Union published its Net-Zero Industry Act, in a bid to make it easier for homegrown manufacturers and developers to compete.Lacking the pure financial firepower of the US, the EU has instead attempted to grant extra perks like streamlined regulation, permitting reform and procurement benefits.But as the act makes it way through the labyrinth of the EU legislative machine and lawmakers decide what should and what should not be given priority, it is important to remember that there is more at stake than just turbocharging European industry. A whole host of other actors, from civil society to academia, have a vested interest in seeing a well-designed net-zero act make it into EU law at the end of the process. However, their voices are not being heard.This week WWF Europe’s Camille Maury, an expert in industrial decarbonisation, joins the Policy Dispatch to explain why the EU risks missing an opportunity with the NZIA.Enjoy the dispatch!If you have any thoughts or questions about anything that has been discussed in this week’s episode, you can reach us at our Twitter accounts:Camille Maury: https://twitter.com/CamilleMaury3Sam Morgan: https://twitter.com/SamJamesMorgan@Policy Dispatch: https://twitter.com/PolicyDispatchFORESIGHT Climate & Energy: https://twitter.com/FORESIGHTdkListen and subscribe to Policy Dispatch wherever you get podcasts. Follow us on Twitter at @Policy Dispatch or email us at
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