A specter is haunting Europe. Last week, high-level meetings in Washington brought representatives from France and Germany to haggle with U.S. officials, hoping to win favorable terms under the Inflation Reduction Act, or IRA. President Biden, meanwhile, had just come out swinging in his State of the Union address with a swaggering defense of the very policies that now have these continental European partners on edge: “Buy American has been the law of the land since 1933,” said Biden. “But for too long, past administrations have found ways to get around it. Not anymore.”The $369 billion for green technologies allocated by the IRA is much too modest in comparison to the scale of the climate c
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