U.S. Energy Subsidies Kick Off Global Battle for Jobs, Billions in Investment

  • 📰 WSJ
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Massive clean-energy incentives in the U.S. have set off a global competition for green investment, spurring companies to rethink where they put their money.

Massive clean-energy incentives in the U.S. have set off a global competition for green investment, spurring companies to rethink where they put their money and prompting America’s trading partners to consider their own subsidies.

On Wednesday, European Union competition chief Margrethe Vestager said the bloc was preparing countermeasures to the U.S. legislation, called the . She said more climate-related spending was good for the environment and EU companies, but the act contains what she called questionable provisions that run the risk of diluting the shared sense of purpose on tackling climate change.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nuclear power is the real green energy, we need more plants in the US now

Singapore Singapore Latest News, Singapore Singapore Headlines