America would much prefer that Europe was self-sufficient with regard to security. America doesn't have a strategic interest in siphoning off European investment. The best thing it could do would be to make European firms eligible for those subsidies. That would build a green energy supply chain among allies rather than just within America's borders or within North America more broadly.
A pair of crises will bedevil Europe, starting with crippling energy prices in the short term. And American protectionism threatens a longer-term dent in the continent’s green-industry ambitions. A visit to Ivory Coast’s cocoa operations reveals why balancing farmers’ welfare and market forces is so tricky. And what Britain’s street names reveal about its history and its ideals.
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