Freeland, in a speech in Washington, hailed the U.S. Inflation Reduction Act for helping to usher in a green-industry revolution, but said a strong domestic tax base is essential to support middle-class families and reduce economic inequality.
Freeland published a federal budget last month that contained almost $83 billion in investment tax credits geared toward clean manufacturing and electricity generation, as well as carbon-capture systems, over the next decade. “For decades, within their union, they have balanced the need to drive industrial investment in their national economies against the danger of corporate-subsidy wars,” she said. “That is what we must try to do today, on a broader scale.”
Who let the nuts out.
France Dernières Nouvelles, France Actualités
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