and for all who had blocked their day to read the Industrial Accelerator Act, which has been postponed to January, just read our policy paper, which you can find here: www.delorscentre.eu/en/publicati... (4/4)

... and @elisabettaco.bsky.social, who delved into US and EU industrial policy support, shares these angles in her thread - both very worthwhile your time! : bsky.app/profile/elis... (3/4)

The paper is joint work with @elisabettaco.bsky.social , @etiennehoera.d-64.social and @lucas-res-car.bsky.social. Lucas, who deep-dived into the trade-dimension for our analyses, already has a great summary thread here: bsky.app/profile/luca... (2/4)

There is one novelty though: EU rules say that only 50% of the electricity amount can be subsidized. In the German Industriestrompreis, this seemingly doesn't have to be complied with in each year - but only on average over 3 years.

The ministry text: www.linkedin.com/posts/sebast...
(3/3)

The German Industriestrompreis is dictated 95% by CISAF, the EU state aid rules. The details and imposed restrictions are all in the chart linked above and in my recent paper (here the summary thread again): (2/3)
bsky.app/profile/ph-j...

@peterjelinek.bsky.social aber die Talfahrt der Autobauer dürfte ja auch nach Abschwächungen des 'Verbrenneraus' weitergehen - und dann wird die Politik ihnen irgendwie unter die Arme greifen.
Noch ist unklar, wie - und entsprechend gibt es noch die Chance, dass die richtigen Maßnahmen kommen, IMO

and here the full policy brief, where the arguments are presented in more detail: www.delorscentre.eu/en/publicat...

Yet the discussion around this partial relocation, and its positive effects for profitability, emissions and EU jobs, is woefully underdeveloped, and must be started urgently in Brussels and member states. In the medium term, this means more support schemes must be anchored at EU level (23/23)

Finally, national and EU policy for energy-intensive industry must reckon with a new economic geography emerging: some foreign regions are sunnier, windier and less densely populated. This will require at least some relocation of certain industry segments. (22/23)

Clean Competitiveness for the EU requires strong (green) lead markets, an improved CBAM, strategic trade defense measures, and a predictable regulatory framework. The goal must be to be clean & competitive, ultimately without subsidies. (21/23)

Most importantly: without progress on clean competitiveness policy and lowering structural energy costs, national IES won’t help at all.

More political capital must be invested in implementing the Clean Industrial Deal forcefully, which the EU currently isn't on track: tinyurl.com/ind-deal (20/23)

And for economic growth: it's politically tough, but industrial policy should be focused on helping regions and workers transition to more productive (and competitive) sectors - not on keeping uncompetitive heavy industry alive indefinitely by subsidising them at a loss to society. (19/23)