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Tag: Inflation Reduction Act

18% Of MEPs Back International Tax on Ultra-Rich To Fund Green Agenda

Michael Curzon March 15, 2023

A taxation of 1.5% “from a heritage of 50 million euros” could help aid the West’s transition to carbon neutrality, according to the backers of a new campaign.

John Podesta headshot by microphone against dark red backdrop

Podesta Defends Protectionist Policies Against Europe

Thomas O'Reilly February 26, 2023

Podesta stated that America made “no apologies” for prioritising its economic interests, as car giant Tesla announced plans to scale back on a new factory in Germany due to the IRA subsidy scheme.

“Protectionist” U.S. Stimulus Package Denounced by UK Trade Secretary

Thomas O'Reilly February 23, 2023

Badenoch warned that the scheme would negatively affect global supply chains and confirmed that the UK would cooperate with the EU to frame a response to the Biden administration’s green subsidy plan.

Transatlantic Trade Tensions on the Rise

Sven R. Larson November 24, 2022

While the cost of doing business in Europe has increased dramatically in the last year, the euro has also lost value against the dollar. The depreciation benefits euro-zone exports to America.

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Issue 25, Winter 2023

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