IRA: Vestager proposes concrete changes • Table.Briefings

Member states are urging to find a response to the Inflation Reduction Act, with which the US government wants to promote eco-friendly technologies. Competition Commissioner Margrethe Vestager now provides first insights into where she wants to facilitate subsidies for investors.

EU Competition Commissioner Margrethe Vestager wants to facilitate state aid for investments in low-carbon technologies in response to the US Inflation Reduction Act. To this end, she will propose a „Temporary Crisis and Transitional Framework,“ Vestager wrote in a letter to the ministers of economics and finance of the member states on Friday, which is available to Europe.Table. For this, special regu lations are to be extended, which have been issued by the Commission since March following the war against Ukraine and are currently set to expire at the end of 2023.

IRA: Vestager proposes concrete changes to state aid rules

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