Cutting red tape: Brussels fights back against Biden's green energy subsidies

Green Deal Industrial Plan will improve access to financing and simplify regulation as EU responds to the acclaimed Inflation Reduction Act in the US.

Simpler, faster, predictable: European Commission President Ursula von der Leyen announces the Green Deal Industrial Plan in Brussels.
Simpler, faster, predictable: European Commission President Ursula von der Leyen announces the Green Deal Industrial Plan in Brussels.Photo: REUTERS/SCANPIX
Published 1 February 2023, 13:03Updated 1 February 2023, 13:49