EU’s von der Leyen says she will tackle US green subsidies, overcome e-fuels impasse

Published by
Reuters

FRANKFURT, Germany (Reuters) – EU Commission President Ursula von der Leyen said on Sunday she is determined to counter challenges from U.S. subsidies for green technologies and to speed a currently blocked law on phasing out combustion engines from 2035. Visiting Chancellor Olaf Scholz and the German cabinet at the start of a two-day meeting near Berlin, von der Leyen said the U.S. Inflation Reduction Act (IRA) would bring huge tax breaks for clean technologies made in the United States. “We have discussed our answers: negotiations with the U.S. about interpreting the law, investments of our …

Read More

Leave a Reply