Dwindling cash.

The EU is shifting its spending priorities from greening the economy to investing in defense, as it faces backlash over climate regulation and grapples with Russia’s war in Ukraine, FT reported.

That's it in a nutshell indeed — a tough reality that will collide with the EU's parallel desire to become a cleantech powerhouse.

Anca heashot

Anca Gurzu

Chief Europe Correspondent