Commission to respond to IRA with reliab • Table.Briefings

The EU Commission is trying to allay concerns that the Inflation Reduction Act will lead to a migration of European companies to the USA. Nevertheless, it is reacting – and increasingly relying on plannable demand for individual technologies.

In response to billions in US subsidies for the production of green technologies, the EU Commission is rediscovering the value of demand-side policies. Despite adverse circumstances, Europe still offers cleantech investors attractive business opportunities, the Commission writes in its report on the impact of the IRA on the European economy, presented yesterday. What sounds like the usual self-praise, the authority tries to back up with concrete policy.

Commission to respond to IRA with reliable targets

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