The transatlantic rift over the Inflation Reduction Act
European officials have been critical of the clean energy subsidies in the Inflation Reduction Act. But that criticism has raised eyebrows in Washington, where officials say the law does exactly what Europe has long pressed the United States to do: get serious about fighting climate change. POLITICO’s Karl Mathiesen breaks down the European outrage over the IRA, America’s response, and how the legislation could actually influence European decarbonization policies. Plus, a new proposal from the Department of Energy aims to strengthen efficiency standards for lightbulbs. Josh Siegel is an energy reporter for POLITICO. Karl Mathiesen is the senior climate correspondent for POLITICO Europe. Nirmal Mulaikal is a POLITICO audio host-producer. Raghu Manavalan is a senior editor for POLITICO audio. Jenny Ament is the executive producer of POLITICO’s audio department.
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