The United States passed a landmark spending bill last year for $370 billion in subsidies for its energy transition, including tax cuts for US-made electric cars and batteries, leaving European manufacturers dismayed.
Countries such as France are calling for expanded state aid rules. But others say that would help only richer member states and fragment the single market since less deep-pocketed nations would not be able to pour big money into businesses. The plan would give companies tax benefits to encourage investment in production facilities in"net-zero" sectors.EU leaders will discuss the proposals at a summit in Brussels next week.
"We are convinced that the money available is enough to support the green and digital transformation of the economy," he said.
Sheeps of panurge showing their sheep behaviors. Contemporary we say: copy , past and publish. 🚮🚮🚮