EU to counter US climate plan with new green industry law, clean tech funding

The European Union is to propose a suite of regulatory interventions and funding mechanisms to boost clean technologies and combat potential market distortions created by the US Inflation Reduction Act, European Commission President Ursula von der Leyen said Jan. 17. The commission’s Green Deal Industrial Plan includes a Net-Zero Industry Act to help expedite permitting for wind, solar, heat pumps,…

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