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Why US-EU talks for an EV tax credit deal have stalled
POLITICO Energy
English - May 22, 2023 09:00 - 8 minutes - 7.99 MB - ★★★★ - 122 ratingsPolitics News Business News environment energy epa politico politico energy climate clean energy climate change house nuclear energy Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
For months now, European Union officials have pressed the Biden
administration for a trade deal that would give EU automakers access to
a larger chunk of the electric vehicle tax credits in the Inflation
Reduction Act. But reaching that agreement is taking longer than
expected, and talks could drag into the summer. POLITICO’s Steven Overly
breaks down the sticking points in negotiations and why the White House
is under immense pressure from Congress to broker a favorable agreement.
Plus, a bipartisan group of senators is starting discussions on a broad
permitting deal outside the tense debt ceiling negotiations.
For more news on energy and the environment, subscribe to Power Switch,
our free evening newsletter: https://www.politico.com/power-switch
And for even deeper coverage and analysis, read our Morning Energy
newsletter by subscribing to POLITICO Pro:
https://subscriber.politicopro.com/newsletter-archive/morning-energy
Steven Overly covers the intersection of trade and technology for
POLITICO.
Josh Siegel is an energy reporter for POLITICO.
Nirmal Mulaikal is a POLITICO audio host-producer.
Jenny Ament is the executive producer of POLITICO’s audio department.
For months now, European Union officials have pressed the Biden administration for a trade deal that would give EU automakers access to a larger chunk of the electric vehicle tax credits in the Inflation Reduction Act. But reaching that agreement is taking longer than expected, and talks could drag into the summer. POLITICO’s Steven Overly breaks down the sticking points in negotiations and why the White House is under immense pressure from Congress to broker a favorable agreement. Plus, a bipartisan group of senators is starting discussions on a broad permitting deal outside the tense debt ceiling negotiations.
For more news on energy and the environment, subscribe to Power Switch, our free evening newsletter: https://www.politico.com/power-switch
And for even deeper coverage and analysis, read our Morning Energy newsletter by subscribing to POLITICO Pro:
https://subscriber.politicopro.com/newsletter-archive/morning-energy
Steven Overly covers the intersection of trade and technology for POLITICO.
Josh Siegel is an energy reporter for POLITICO.
Nirmal Mulaikal is a POLITICO audio host-producer.
Jenny Ament is the executive producer of POLITICO’s audio department.