No industrial policy is no solution either

The transformation of the industry to climate neutrality involves a conflict of goals between climate protection and competitiveness. To overcome this quickly, what is needed is not a classic industrial policy but a reliable regulatory framework that sets appropriate incentives in the market and creates stable expectations in competition, write Henning Vöpel, André Wolf and Götz Reichert of the Center for European Policy (cep).

Last updated: 24. July 2025