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Biden says climate law has ‘glitches’ after Macron criticism
The Associated Press ^ | December 1, 2022 | By COLLEEN LONG, SYVLIE CORBET and AAMER MADHANI

Posted on 12/01/2022 11:56:45 AM PST by Oldeconomybuyer

WASHINGTON (AP) — President Joe Biden on Thursday acknowledged “glitches” in America’s clean energy law that have raised concerns in Europe, but said “there’s tweaks we can make” to satisfy allies.

Biden, who is honoring French President Emmanuel Macron with the first state dinner of his presidency on Thursday evening, said at a joint news conference that he and the French president spoke a “a good deal” about European concerns over his signature climate change law during an Oval Office meeting.

Macron has made clear that he and other European leaders are concerned about incentives in the new law, known as the Inflation Reduction Act, that favor American-made climate technology, including electric vehicles.

As for the Inflation Reduction Act, the European Union has also expressed concern that tax credits, including those aimed at encouraging Americans to buy electric vehicles, would discriminate against European producers and break World Trade Organization rules.

Biden administration officials have countered that the legislation goes a long way in helping the U.S. to meet global goals to curb climate change.

(Excerpt) Read more at apnews.com ...


TOPICS: Business/Economy; Foreign Affairs; News/Current Events; Politics/Elections
KEYWORDS: boondoggle; brandon; france; globalwarming; hoax; propaganda; socialism; spending

1 posted on 12/01/2022 11:56:45 AM PST by Oldeconomybuyer
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To: Oldeconomybuyer

Don’t worry Macron. Americans aren’t really looking to drive electric cars. This country is not ready for it because we can’t power these things with windmills and solar panels.

Any bill titled The Inflation Reduction Act should have nothing to do with cars.


2 posted on 12/01/2022 12:01:46 PM PST by dforest (What are we sittin' around for? )
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To: Oldeconomybuyer

I’m sorry, are we not killing ourselves fast enough for the Eurowenies in our Climate Change Suicide Pact?


3 posted on 12/01/2022 12:04:30 PM PST by Yo-Yo (Is the /Sarc tag really necessary? Pray for President Biden: Psalm 109:8)
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To: Oldeconomybuyer

🙄


4 posted on 12/01/2022 12:35:10 PM PST by BiteYourSelf ( Earth first, we'll strip mine the other planets later.)
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To: Yo-Yo

🔝🔝🔝


5 posted on 12/01/2022 12:48:43 PM PST by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: Oldeconomybuyer

There was a time when the American president wouldn’t take any crap from Eurotrash.


6 posted on 12/01/2022 1:25:51 PM PST by FlingWingFlyer (You can vote your way into socialism but you have to shoot your way out. Remember that Snowflakes!)
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To: dforest

Time to vote every dem-o-rat out of his/her office.


7 posted on 12/01/2022 2:12:33 PM PST by Lumper20
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