America’s IRA Rankles Europe but a Full-scale Green Trade War Unlikely
EU leaders will recalibrate their response to US green law in February
January 13, 2023
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The game-changing Inflation Reduction Act (IRA), with a whopping $369 billion in funding for clean energy provisions signed by U.S. President Joe Biden last August, continues to rankle Europe and other parts of the world for its ‘protectionist’ intent.