Finmag: An unequal fight with the USA. Czech industry must turn green to survive

Relatively unnoticed, in August of last year, the Congress of the United States of America voted to pass the Inflation Reduction Act (IRA). This decision may be one of the most important steps in the fight against climate change this decade. Inflation Reduction Act is a massive investment package that can fundamentally affect the current approach of Europe and other countries to green transformation.
The transition to clean technologies, research, development, and production, can no longer be perceived purely as a question of reducing emissions, but also as a question of maintaining competitiveness on the global market. The green race has started and the Czech Republic should step up.

 You can read the full czech article by our senior researcher Kateřina Davidová here.

#industry #Czech Republic #green industry #Inflation Reduction Pact

Kateřina Davidová
Senior Research Fellow

Expertise: EU climate and energy policy, environmental protection

Related articles

EUROPEUM Institute for European Policy
Staroměstské náměstí 4/1
Prague 1 - Staré Město
110 00

tel.: +420 212 246 552