UK has concerns over U.S. green subsidy act

Tesla Model 3 red web_0.jpg — The Inflation Reduction Act offers generous tax credits for new purchases of North American-made EVs such as those from Tesla. The Tesla Model 3 is pictured.

R

By:

Reuters

January 27, 2023 10:57 AM

LONDON -- British finance minister Jeremy Hunt said that London had some concerns about the United States' Inflation Reduction Act, which promises hundreds of billions of dollars of subsidies to green industries.

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