Will the U.S. Inflation Reduction Act “Hoover up” European Investment?
ZEITGEIST SERIES BRIEFING #4
Certain European ministers contend that the $369 billion of fiscal incentives created by the U.S. Inflation Reduction Act will divert much needed investment in Europe across the Atlantic. A review of the facts suggest that such fears are almost certainly overblown and should not be used to rationalise EU counter-subsidies and a mooted Buy European Act.
