The United States is listening to the concerns of European counterparts about the trade tensions triggered by the Biden administration's clean vehicle subsidies tucked into the Inflation Reduction Act, the official overseeing the bill's implementation said on Wednesday.
John Podesta, appointed by President Joe Biden to oversee the rollout of the climate-related measures in the sprawling spending bill, told reporters at the COP27 climate summit that the United States is discussing and understands the concerns raised by European officials about the competitive disadvantage the bill's electric vehicle tax credits puts on its vehicle and battery manufacturers.
while French Finance Minister Bruno Le Maire said the law was a major threat to European companies and that the EU must stand firm against it. "We are listening to their concerns," Podesta said on Wednesday. "We are in dialogue about the particular structure...of the vehicle credits that the Europeans have raised."into law, which includes key tax credits tied to domestic manufacturing and wage requirements.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
COP27: WTO chief seeks to revive green trade talksThe head of the World Trade Organization aims to revive negotiations on a global environmental trade deal, she told Reuters, as part of efforts to give the trade watchdog a bigger role in tackling climate change.
Leer más »
Here's what happened on day 3 of the U.N.'s COP27 climate talksAt COP27, Pakistan's leader sounded the alarm about climate change's impact, scientists called for more equitable research and the U.N. tried to crack down on greenwashing. Here's a recap of Day 3.
Leer más »
Opinion | Youth Are Demanding Loss and Damage Finance at COP27'Look no further than the flooding in Pakistan and South Africa, the Mauritius food shortage, and the drought in Sudan for clear examples of the crisis our planet is experiencing and the vulnerability of populations who've contributed the least to this crisis.'
Leer más »
Burst sewage pipe adds to infrastructure woes at COP27SHARM EL-SHEIKH, Egypt (AP) — First there was no water. Then there was too much of the wrong kind. Attendees of this year's U.N. climate conference in Egypt found themselves stepping over streams of foul-smelling fluid Wednesday after a pipe or tank holding liquid waste appeared to have burst near one of the venue's main thoroughfares.
Leer más »
At COP27, nuclear power industry vies for bigger role in decarbonizing planetNuclear energy supporters including politicians and activists sought to polish the industry's spotty image on Wednesday, using the COP27 climate summit in Egypt to argue that atomic power offers a safe and cost-efficient way to decarbonize the world.
Leer más »
Daily on Energy: House GOP climate leader Curtis speaks on plans for COP27Subscribe today to the Washington Examiner magazine and get Washington Briefing: politics and policy stories that will keep you up to date with what's going on in Washington. SUBSCRIBE NOW: Just $1.00 an issue!
Leer más »