In a recent TIME interview, top EU climate official Wopke Hoekstra speaks in-depth about climate policies and business support. He emphasizes that EU policymakers should make sure the bloc’s climate policies do not hurt EU producers’ competitiveness. Top areas of concern for Hoekstra include electric vehicles infrastructure and EU’s competition with China in clean energy manufacturing. These are all valid issues. Equally as pressing–though not mentioned in this particular article–is how EU business may be impacted by the EU carbon border adjustment mechanism (CBAM).
The EU…