Global Clean Industry

The conversation highlights the competitive landscape for clean industries, particularly in the context of the U.S. IRA and its impact on developing countries seeking to establish their own green manufacturing sectors. Emphasis is placed on the importance of supporting these nations in their decarbonization efforts, especially in hard-to-abate sectors. Both speakers agree that as technologies evolve, the perception of these sectors may shift, potentially moving them out of the "hard to abate" category.