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UK to respond to US green subsidies package in the autumn, finance minister says

By Jakub Krupa ( March 29, 2023, 21:54 GMT | Insight) -- The clean energy industry can expect a UK drive to attract investment this autumn, finance minister Jeremy Hunt suggested today, in partial reaction to a swathe of green subsidies in the $369 million US Inflation Reduction Act. He said the UK wanted to wait for the EU’s reaction to the US measure — in the form of its proposed Net-Zero Industry Act — “before formulating our full, national response.”The clean energy industry can expect a UK drive to attract investment this autumn, finance minister Jeremy Hunt suggested today, in partial reaction to a swathe of green subsidies in the $369 million US Inflation Reduction Act....

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