Clean-tech subsidy war erodes safety nets, Canadian finance minister says - BNN Bloomberg

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इंडिया ताज़ा खबर,इंडिया मुख्य बातें

Canadian Finance Minister Chrystia Freeland warned American lawmakers about the risks of starting a clean-tech subsidy war, saying that a “race to the bottom” risks eroding the tax bases of the U.S. and its allies.

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.”

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।

Who let the nuts out.

हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

 /  🏆 83. in İN

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।

Clean-Tech Subsidy War Erodes Safety Nets, Canadian Finance Minister SaysCanadian Finance Minister Chrystia Freeland warned American lawmakers about the risks of starting a clean-tech subsidy war, saying that a “race to the bottom” risks eroding the tax bases of the US and its allies. Clean tech = Financial Fraud, Climate Fraud, Antitrust Fraud. And how about subsidy to homeowners, that has already put 🇨🇦 at the bottom and you haven't stop digging. Or is it a new narrative being prepared for when the 💩 hits the fan.
स्रोत: BloombergCA - 🏆 73. / 51 और पढो »