ICYMI: The EU is under enormous pressure to push back against the U.S. Inflation Reduction Act and its vast array of clean technology subsidies. Unfortunately, green financing doesn’t grow on trees, writes rebeccawire
an expired 100 billion euro pandemic unemployment plan as a bridge fund. But Germany staunchly opposes any more EU debt.
The EU got caught by surprise at how much the United States was prepared to pour into climate-forward industries. Bond investors could help, but the politics won’t allow them to step in at scale. To move ahead, von der Leyen will just have to scatter some seeds and see what grows.European Commission President Ursula von der Leyen gave a Jan. 17 speech at Davos on her forthcoming green technology strategy. She is expected to release details around Feb. 1, ahead of a Feb.
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