EU demands rapid response to Joe Biden’s $369bn green subsidy package

3 comments
  1. >The IRA provides tax credits and subsidies for US consumers and companies for products such as electric vehicles, wind turbines and green hydrogen, as the US attempts to slash its carbon emissions while creating jobs.

    Shouldn’t this be roundly applauded? Unless the commitment to renewables was really just smoke…

    >It comes into force on January 1 but several EU companies have said they will choose the US rather than the EU for their next investment.

    Oh no, if it isn’t the consequences of my (in)actions…

  2. Tesla share price i.e. market cap is a balloon and this balloon is so large that it’s justifying an all out trade war to sustain. Too big too fail never ends well.

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