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European, US groups ask EU to halt challenges to Inflation Reduction Act over tax credits

( February 28, 2023, 00:44 GMT | Official Statement) -- MLex Summary: Forty-one trade and advocacy groups based in the EU and the US signed a letter to the US-EU Trade and Technology Council, asking the European Union to "refrain from challenging the [Inflation Reduction Act] with trade instruments." The groups “call on the US and EU to commit to a Climate Peace Clause to protect climate policies around the world from trade disputes, as well as to make good on climate financing and green technology transfer to countries in the Global South.”Letter is attached....

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