US could ‘tweak’ green subsidies after EU anger, says Kerry


The United States is open to amending lucrative green subsidies that have drawn transatlantic anger for allegedly encouraging job losses in Europe, US climate envoy John Kerry said.

In a BBC interview from London, broadcast on Saturday, Kerry also signalled unease over the UK government’s decision to permit the opening of a coal mine despite ambitions to slash carbon emissions.

Several EU leaders including French President Emmanuel Macron, during a state visit to Washington, have said the US subsidies are enticing European companies to relocate to the United States.

Washington’s landmark Inflation Reduction Act contains around $370 billion in subsidies for green energy, as well as tax cuts for US-made electric cars and batteries.“I don’t think you’re going to see it watered down,” Kerry said, insisting the measures were needed to kick-start the climate transition.