Trade and Technology Council — 9DASHLINE

The real reason Europe dislikes the Inflation Reduction Act

Written by Thijs Stegeman

Given the current challenges to the liberal order, improved coordination and consideration among its defenders is crucial. This starts with the US acknowledging and discussing the legitimate concerns of its allies instead of dismissing them.

Faultlines9DLMarch 13, 20239DashLine, The real reason Europe dislikes the Inflation Reduction Act, The real reason Europe dislikes the IRA, Thijs Stegeman, Inflation Reduction Act, subsidy scheme, climate activism, US, US-EU relationship, Russia’s invasion of Ukraine, Trump, NATO, tariffs, Iran nuclear deal, Biden, export restrictions, semiconductors, China, energy transition, sustainable energy, electric vehicles, solar panels, unfair competition, market-distorting government aid, Washington, US exceptionalism, Congress, Senator Joe Manchin, Democrats, Brussels, US allies, subsidiarisation, standard setter, regulatory approach, EU Emissions Trading System (ETS), fair competition, energy tax credits, green manufacturing, green investment, deindustrialisation, WTO rules, local content, tax break, North America, French President Emmanuel Macron, US military assistance, transatlantic unity, Trade and Technology Council, EU Commission, Green Deal Industrial Plan, EU-US alliance, liberal order