WASHINGTON, Jan 27 (Reuters) – The European Union wants a deal quickly with the United States to resolve a dispute over U.S. electric vehicle tax credits, but the EU must pursue its own green technology subsidies to keep investment at home, EU Internal Market Commissioner Thierry Breton said on Friday.Breton, in Washington to discuss a range of technology issues with U.S. officials, said that $369 billion worth of tax subsidies in President Joe Biden’s Inflation Reduction Act (IRA) would drive investment in U.S. clean energy supply chains to solar panels and wind turbines from electric vehicles.”And we already see the impact: a pull factor for European investment towards the U.S.,” he said in remarks to the Center for Strategic and International Studies. “Now Europe must also develop its own policy approach to secure its industrial clean tech basis.”Last week, European Commission…
EU must answer U.S. clean energy subsidies, commissioner says on Washington visit
