Today @vonderleyen announced that the EU will come with the Net-Zero Industry Act in response to the #IRA.

At first sight, this targeted approach sounds better than broadly adjusting the state aid rules.

Looking forward to seeing the details.

https://www.politico.eu/article/von-der-leyen-announces-net-zero-industry-act-to-compete-with-us-subsidy-spree/

🐦🔗: https://n.respublicae.eu/MChahim/status/1615345306731958274