The seamless and apparently painless IRA, contrasting with the complex and carbon tax-heavy European net zero transition is contributing to the current narrative on the widening transatlantic performance gap. True, some aspects of the European approach should be reviewed, and its’ easy to recognize the tangible effect the IRA is already having on US investment, but we continue to think that the US “all carrot and no stick” strategy could well end up being less efficient from a decarbonation point of view and more prone to counter-productive effects given its “adventurous” approach to fiscal sustainability.
Om dit artikel te lezen heeft u een abonnement op Investment Officer nodig. Heeft u nog geen abonnement, klik op "Abonneren" voor de verschillende abonnementsregelingen.
