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<oembed><version>1.0</version><provider_name>I4CE</provider_name><provider_url>https://www.i4ce.org/en/</provider_url><author_name>Sacha Poree</author_name><author_url>https://www.i4ce.org/en/author/sacha_p/</author_url><title>How the EU can match the US Inflation Reduction-Act - I4CE</title><type>rich</type><width>600</width><height>338</height><html>&lt;blockquote class="wp-embedded-content" data-secret="bAVbF8zurj"&gt;&lt;a href="https://www.i4ce.org/en/how-eu-can-match-us-inflation-reduction-act-climate/"&gt;How the EU can match the US Inflation Reduction-Act&lt;/a&gt;&lt;/blockquote&gt;&lt;iframe sandbox="allow-scripts" security="restricted" src="https://www.i4ce.org/en/how-eu-can-match-us-inflation-reduction-act-climate/embed/#?secret=bAVbF8zurj" width="600" height="338" title="&#x201C;How the EU can match the US Inflation Reduction-Act&#x201D; &#x2014; I4CE" data-secret="bAVbF8zurj" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"&gt;&lt;/iframe&gt;&lt;script&gt;
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</html><thumbnail_url>https://www.i4ce.org/wp-content/uploads/2022/11/Thomas-Pellerin-Carlin-carre.jpg</thumbnail_url><thumbnail_width>1856</thumbnail_width><thumbnail_height>1846</thumbnail_height><description>Last August, the US Congress adopted the Inflation Reduction Act (IRA). It became the epicentre of EU fears of seeing cleantech projects, like battery or solar panel gigafactories, settling in the US rather than in the EU. There is some rationality behind that fear. The IRA indeed provides sizable public funding, with 10 years predictability and the simplicity of having a single federal level scheme. Moreover, the IRA does not only subsidize cleantech manufacturing. For instance, in the case of electric vehicles, the IRA supports the mining of critical minerals, the manufacturing of the battery, the purchase of the electric car and the production of renewable electricity. In other words, with IRA the US now has a genuine long-term climate investment plan.</description></oembed>
