3min chapter

The Sound of Economics cover image

How should Europe react to the Inflation Reduction Act?

The Sound of Economics

CHAPTER

Is the IRA Unambiguously Good?

The EU is planning to have 30% of the budget devoted to climate action. The amount is between 500 and 600 billion euros, that's a bit more than 0.5% of GDP. If you talk about developing renewable energies, as is done by part of the IRA, then to some extent it could be comparable. So I'm not sure there is a big, this proposition here, even though the forms, this expenditure, public expenditures are taking are different.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode