Competition chief calls for global deal on ‘trustworthy’ clean tech

Commission vice-president wants G7 to cooperate on regulation and procurement

The EU’s competition chief, Margrethe Vestager, has called for international agreement on “a list of trustworthiness criteria for critical clean technologies”, implying that this would help stimulate climate-friendly innovation while avoiding unfair subsidy practices.

Vestager (pictured), who is an executive vice-president of the European Commission with particular responsibility for its competition policy, issued her call in a speech she gave at the Institute for Advanced Study at Princeton University in the United States on 9 April.