Catalyse Europe Senior Policy Fellow Eamon Ryan has written in The Irish Times on how Europe can respond to growing strategic pressure from both the US and China.
In the piece, Eamon argues that Europe’s best response is not to retreat into “fortress Europe”, but to scale up and innovate in the clean technology sectors where it already has an advantage.
“The best strategy is to scale up and innovate in those clean technology areas where we still have an advantage,” he writes.
He highlights clean electricity grids, digital skills and trusted supply chains as the foundations of Europe’s next industrial phase, arguing that Europe has the capital, regulatory experience and industrial base needed to lead.
As Eamon writes, Europe should “start investing more closer to home” and use its strengths to drive a more secure, competitive and clean industrial future.