The European Commission unveiled the Green Deal Industrial Plan last
week in hopes of countering America’s Inflation Reduction Act amid
fears the IRA could drive business across the Atlantic to the United
States. However, the plan from the European Commission already faces
major criticisms, including that Europe might be waging a subsidy race
it can’t win. POLITICO Europe’s Sam Stolton breaks down Europe’s plan.
Plus, the Treasury Department settles on a standard for EV tax credits
that automakers were campaigning for.

 

Josh Siegel is an energy reporter for POLITICO. 

Samuel Stolton is a competition and tech reporter for POLITICO Europe.

Nirmal Mulaikal is a POLITICO audio host-producer.

Raghu Manavalan is a senior editor for POLITICO audio.

Jenny Ament is the executive producer of POLITICO’s audio department.