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U.S. and EU In Spat Over EV Tax Credits

Webster

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(The Guardian) Joe Biden is attempting to draw a line under a spat with the European Commission over electric vehicle tax credits on Friday, the Associated Press reports.

He will meet the commission’s president Ursula von der Leyen this afternoon. They are expected to agree to open negotiations between the US and EU on a deal that could boost the use of European minerals critical in the production of electric vehicle batteries eligible for US tax credits through Biden’s $375bn climate and clean energy law that passed last year.


The AP cites administration officials speaking on condition of anonymity before the leaders meet.

Biden and von der Leyen are also expected to use their Oval Office meeting to discuss Western coordination to support Ukraine in its war against Russia, joint efforts to decrease Europe’s dependence on Russian fossil fuels and concerns that China is considering providing weapons to Russia.

The summit is scheduled for 2pm.
 
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