Tuesday, March 10, 2026

Daily on Energy: Europe careening toward retaliation over Biden clean energy subsidies

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MORE-THREATENING STATEMENTS FROM EUROPE: Europe is sounding less conciliatory and more hostile about the rules clean energy subsidies in the Inflation Reduction Act favoring U.S. production.
French Finance Minister Bruno Le Maire escalated the rhetoric Monday, calling for all options to be available in response, including new rules favoring European production or a World Trade Organization complaint.
“Only a hard line will allow us to get results,” Le Maire said in an interview with Les Echos, according to Bloomberg. 
Le Maire’s comments follow a complaint from the European Commission to the Treasury Sunday, which…

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