How should Europe react to the Inflation Reduction Act?
The Sound of Economics
Is There a Tax Credit for Producing Clean Energy?
The provisions within the agreement single out countries where there are national security concerns, right? So I think it does create these sort of gray areas. What if a country is neither a free trade agreement partner nor national security, then they have kind of a mixed situation given the way that that's designed? Right. But in principle, though, if a European company decides let's build a factory in the US, it could still rely on its normal supply chain,. And it would get the same treatment as a US company producing in the US. The wind and solar credits do have an adder for domestic steel so that you get a little bit more credit if you have domestic sourced steel, for instance
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