Inflation Reduction Act

European Commissioner for competition Margrethe Vestager (left) and German Vice Chancellor Robert Habeck

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Brussels approves Northvolt German state aid to avoid losing out to US

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EU countries will have it easier to inject subsidies into green tech areas such as wind turbines.

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EU relaxes subsidy rules to prevent exodus of green tech companies

The new rules will make it easier for member states to inject subsidies into key green tech products such as solar panels, heat pumps and wind turbines.

09/03/2023

European Commission President Ursula von der Leyen, left, speaks witih US President Joe Biden at the European Council building in Brussels, June 15, 2021.

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Here's what to expect when Ursula von der Leyen meets Joe Biden

Ukraine, sanctions against Russia, China and economic security are also expected to be discussed by the two leaders.

09/03/2023

Wind turbines in Livermore, California, 10 August 2022.

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US got 40% of its energy from carbon-free sources in 2022

The outlook is even brighter for 2023, with Biden’s Inflation Reduction Act promoting the clean energy transition.

05/03/2023

Solar panels are installed at a floating photovoltaic plant on a lake in Haltern, Germany, on 1 April 2022.

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Euroviews. Let’s build a clean tech industry strategy, the European way

The IRA is, above all, a “call to action” that Europe’s clean technology leadership must embrace. However, the EU's competitiveness does not rely on public finance alone, European Climate Foundation CEO Laurence Tubiana writes.

14/02/2023

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From left, European Commission President Ursula von der Leyen, Ukraine's President Volodymyr Zelenskyy, European Council President Charles Michel in Brussels, Feb. 9, 2023.

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I can't return to Ukraine from Brussels 'without results': Zelenskyy

Zelenskyy was in London and Paris on Wednesday to meet with his British, French and German counterparts.

09/02/2023

European Commission President Ursula von der Leyen said the EU wanted to "seize the moment" of the net-zero industry.

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EU presents new industrial plan to counter American green subsidies

The EU plan is a direct response to the $369-billion Inflation Reduction Act promoted by US President Joe Biden.

01/02/2023

Brussels my love breaks down European politics.

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Brussels, my love? EU subsidies and support for Ukraine

Tune in to understand the ins and outs of European politics.

21/01/2023

Denmark hosts some of the world's largest manufactures of wind turbines.

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'Fears of relocation are real': Danish industry warns of US subsidies

The Inflation Reduction Act offers generous tax breaks and rebates for green technology, but only if it is manufactured in North America.

19/01/2023

Germany and France took up almost 80% of all extraordinary state aid schemes approved by the European Commission since March 2022.

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Germany & France account for most EU subsidies. Why is that a concern?

The US Inflation Reduction Act has triggered an intense debate in the EU that pits industrial subsidies against fair competition.

17/01/2023