EU opens subsidy race with US to fight exodus of green projects

The EU has been racing to find ways to cope with the US Inflation Reduction Act, a package that includes $369bn of subsidies and tax credits for clean energy technologies.

The subsidy plan was unveiled as Ursula von der Leyen, the commission president, prepared to meet US president Joe Biden in Washington.
The subsidy plan was unveiled as Ursula von der Leyen, the commission president, prepared to meet US president Joe Biden in Washington.Foto: Stoyan Nenov/Reuters/NTB
Publisert 10. March 2023, kl. 08.00Oppdatert 10. March 2023, kl. 08.00