The European Union must preserve its competitiveness in clean technology manufacturing and will take decisive steps to keep Europe in the lead in the industry in the face of the U.S. Inflation Reduction Act and massive subsidies in China, the leaders of the bloc agreed in talks late on Thursday and early Friday. “We need to preserve our competitiveness in the development, manufacturing and rollout of clean technologies. And this especially against the backdrop of the Inflation Reduction Act—that was the main topic of the…
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