America’s vast $369 billion green subsidy package nestled in Biden’s Inflation Reduction Act (IRA) set alarm bells ringing across Europe when it was unveiled a year ago. And for a good reason: Europe was already battling economic headwinds from the pandemic and the Ukrainian crisis. Many had expected this to be the final straw – a siren call luring away Europe's elite cleantech companies to the promise of U.
S. tax incentives, leaving Europe in the dust, devoid of future jobs, innovation, and investment. But one…How Europe Kept Its Green Tech Talent From Fleeing To America
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