For months, the United States and European Union have tried to work out a solution over the new electric vehicle tax credit in the Inflation Reduction Act that European officials argue threatens their auto industry, which is already struggling with high energy costs and the possibility of a recession. POLITICO’s Doug Palmer breaks down the chances that the European Union and United States can work out the EV dispute by the new year. Plus, the Interior Department has agreed to conduct a new environmental review of a Trump-era oil lease sale in California.
For months, the United States and European Union have tried to work out a solution over the new electric vehicle tax credit in the Inflation Reduction Act that European officials argue threatens their auto industry, which is already struggling with high energy costs and the possibility of a recession. POLITICO’s Doug Palmer breaks down the chances that the European Union and United States can work out the EV dispute by the new year. Plus, the Interior Department has agreed to conduct a new environmental review of a Trump-era oil lease sale in California.
Josh Siegel is an energy reporter for POLITICO.
Doug Palmer is a senior trade reporter for POLITICO.
Nirmal Mulaikal is a POLITICO audio host-producer.
Raghu Manavalan is a senior editor for POLITICO audio.
Jenny Ament is the executive producer of POLITICO’s audio department.