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Breakingviews – EU and US green arms race misses bigger picture
Breakingviews - EU and US green arms race misses bigger picture,The European Union’s pushback on aggressive U.S. green production incentives is taking shape. The European Commission will loosen some state aid rules until the end of 2025, helping individual member states to stem a potential stream of European companies across the Atlantic. But plans for domestic manufacturing targets miss the wider point that Europe and the U.S. need to cooperate, and that Europe needs growth more than it needs an aid arms race.

Breakingviews – EU and US green arms race misses bigger picture

The European Union’s pushback on aggressive U.S. green production incentives is taking shape. The European Commission will loosen some state aid rules until the end of 2025, helping individual member states to stem a potential stream of European companies across the Atlantic. But plans for domestic manufacturing targets miss the wider point that Europe and the U.S. need to cooperate, and that Europe needs growth more than it needs an aid arms race.