EU to counter U.S. climate game changer with own green deal

DAVOS, Switzerland - TheEuropean Union responded on Tuesday toU.S. moves to boost its energy transition with itsownplans to make life easier forgreenindustry, saying it would mobilize state aid and a sovereignty fund to keep firms from moving to the United States. European Commission headUrsula von der Leyen told the World Economic Forum (WEF) annual meeting inDavosthat the moves would be part of theEU'sGreenDealindustrial plan to makeEurope a centre for clean technology and innovation. "The aim will be to focus investment on strategic projects along the entire supply chain. We will especially look at how to simplify and fast-track permitting for new clean tech production sites," s...Keep on reading: EU to counter U.S. climate game changer with own green deal

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