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treadmarks t1_j4xmxxd wrote

> However, potential for a damaging trade row between the EU and the US over green subsidies remains.

> The US last year approved a massive $370bn (£299bn) in investments for climate-friendly technologies, including tax credits for electric cars that are made in America.

Oh heavens no, not subsidies for green energy. The world is in a climate emergency but GDP competition is clearly still the top issue for the elite.

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u_tamtam t1_j4xrk5p wrote

It's more nuanced than that. For instance, Chinese dumping caused many renewable companies in Europe to go bankrupt, which possibly slowed down innovation. I won't pretend to know the details of either, but often it happens that consolidation yields undesired consequences.

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qingqunta t1_j4yfiqg wrote

The issue is the made in America part, which is anticompetitive.

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