Macron Implores Europe to Match Biden’s Green Subsidy Package

  • EU debates how to respond to Joe Biden’s climate and tax law
  • European leaders are calling for a proposal in early 2023
Emmanuel Macron in Brussels, on Dec. 15.Photographer: John Thys/AFP/Getty Images
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Emmanuel Macron is calling for the European Union to come up with a robust answer to Joe Biden’s green subsidy package known as the Inflation Reduction Act that includes common funding.

“We must go faster, simplify our rules and provide a macroeconomic answer and a level of aid at the national and European levels that allows us to match what the Americans have done,” the French president told reporters before a meeting of EU leaders in Brussels where they will discuss the issue.