So much attention has been paid to the US climate legislation, the Inflation Reduction Act, that the EU’s own, larger climate package has flown under the radar.
EU trade officials might be up in arms about aspects of the US Inflation Reduction Act, but it offers the best opportunity for transatlantic climate cooperation in years.
In its attempt to drastically reduce its dependency on Russian oil and gas, Europe is turning to Africa. But the move is problematic, as producing fossil fuels on the continent presents its own challenges.