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EU Should Counter US Climate Law With Own Version, France Says

Dec. 5, 2022, 5:59 PM

The best way for Europe to counter a US climate law that it fears will harm businesses and lure investment across the Atlantic is to do the same, French Finance Minister Bruno Le Maire said on Monday.

The bloc should look at all available tools to boost its industry, he said. This includes combining national funding plans, speeding up and simplifying a support program known as Important Projects of Common European Interest, and using money held by the European Investment Bank.

“Let’s gather the financial means so that we could have a very strong Europe able to provide the ...