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Made in Europe? The EU’s response to the US Inflation Reduction Act (IRA)

Made in Europe? The EU’s response to the US Inflation Reduction Act (IRA)

by dpa, EFE, HINA, STA | 22.Dec 2022 | Key Story

The US Inflation Reduction Act (IRA) was passed in an effort to reduce greenhouse gas emissions, the public deficit and inflation. EU officials had initially welcomed this as a step in the right direction towards mitigating climate change. However, at the time they overlooked the protectionist aspects of the law.

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