The Biden administration may allow European companies to qualify for
U.S. tax incentives under the Inflation Reduction Act if the two sides
can reach a trade deal in the next few weeks, a senior administration
official told POLITICO on Friday. It’s a move that could ease a major
source of transatlantic friction and help President Joe Biden meet his
promise to consumers to help make electric vehicles more affordable.
POLITICO’s Zack Colman breaks down the details of the trade talks. Plus,
FERC finds that a Southeast pipeline project would have a limited
environmental impact, paving the way forward for a project tapped for
expedited review. 

 

Zack Colman covers climate change for POLITICO. 

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.