EU could benefit economically from US climate backtracking – German foreign minister

European industry could profit from a possible US drawback in climate-policy related collaborations, said Germany’s foreign minister, Annalena Baerbock. Climate protection would work best with different partners all over the world, but “if […] players, such as the new US administration, pull out of [global cooperations], let me say simply - economically and power-consciously as a European - that this would be to the advantage of the European economy. Because the global energy transition will continue to progress,” she said.