Decades of climate policy in the European Union have made the bloc a leader in global decarbonization efforts. Championed by officials at the European Commission in Brussels, a suite of regulations have tackled everything from industrial emissions to corporate disclosure of climate risk. Over that time, though, many European companies have increasingly complained that the cost of the regulations would make their products uncompetitive on the global market. [time-brightcove not-tgx=”true”] On April 19, Wopke Hoekstra, the bloc’s top climate official, told me that to keep up climate momentum the EU needs to ensure that climate policy does not harm the competitiveness of European companies.