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EXPLAINER: US-European differences on climate law persist

KION

By MATTHEW DALY
Associated Press

WASHINGTON (AP) — President Joe Biden is trying to allay concerns raised by French President Emmanuel Macron about a clean energy law that benefits electric vehicles and other products made in North America. But a dispute with Europe over the landmark law persists. Biden acknowledged on Thursday that the law contains “glitches” but said “there are tweaks we can make” to satisfy France and other European allies. Macron,  who spoke with Biden at the White House, has made clear that he and other European leaders are concerned about incentives in the law, known as the Inflation Reduction Act, that favor clean energy technology made in North America, including electric vehicles.

Article Topic Follows: AP National Business

Associated Press

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