Published: February 2nd, 2023,
Last updated: May 28th, 2025
It is important to Commission President Ursula von der Leyen that the EU does not frantically copy the Inflation Reduction Act (IRA). Europe was early with the Green Deal, earlier than other economic areas – that’s what she said when she presented the program on Wednesday, which is intended to prevent the migration of future technologies to the United States. After all, industries from Europe are now being wooed there with high subsidies. The EU program is called the Green Deal Industrial Plan.