Policy

Is US Climate Spending Too Big for Europe?

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  • The domestic content requirements of Washington’s massive climate and energy spending package are troubling major trading partners, including the EU.

  • The EU is worried about losing out on investment in a clean technology industrial base — and locking in higher energy prices going forward.

  • Washington is showing some flexibility in meeting those concerns, particularly when it comes to electric vehicles (EVs), but politics at home limit its room for maneuver.

The Issue

Topics:
Policy and Regulation, Low-Carbon Policy, Resource Access, Electric Vehicles
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