Atlantic Council brief: “Clean industrial policies: A space for EU-US collaboration”
JFI fellows Jonah Allen and Théophile Pouget-Abadie have published a brief as part of our affiliate initiative with the Atlantic Council.
The brief addresses the significance of the Inflation Reduction Act and its consequences for relationships with Europe and China.
Upon the passing of the US Inflation Reduction Act (IRA) into law last summer, a wave of panic shook European capitals over concerns that European green industries would relocate to the United States. The tension is understandable: while navigating an unprecedented energy crisis and a war at its border, Europe is finding its clean industries increasingly squeezed by US—and Chinese—industrial power.