Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Russian agency: Russia will conduct a nuclear test if the US does
Al-Nakhalah: We are the rightful owners, and we must fight to retrieve our rights
Al-Nakhalah: The enemy and its allies must know that we can never surrender to their terms and diktats after all the sacrifices made
Al-Nakhalah: The prisoner exchange clause can be completed in the next few days, and thus we will have pulled the [explosion] fuse and removed the enemy's justifications for aggression
Al-Nakhalah: The Resistance has expressed its willingness to negotiate on the basis that there are items that can be dealt with positively, the first of which is the prisoner exchange item
Al-Nakhalah: Trump's plan entails the Palestinian people's declaration of complete surrender to the enemy
PIJ Secretary-General, Ziyad al-Nakhalah, in an address aired on Al Mayadeen: The Resistance is engaging in a fierce negotiating battle under the so-called Trump plan
Russian Federation Council approves joint military cooperation agreement with Cuba
Al-Nunu: Today, the lists of prisoners required to be released, the agreed-upon criteria and numbers, were exchanged
Al-Nunu from Sharm el-Sheikh: Negotiations focused on mechanisms for implementing an end to the war, the withdrawal of occupation forces from the Gaza Strip, and the exchange of prisoners

US to potentially amend 'green subsidies' to appease EU: John Kerry

  • By Al Mayadeen English
  • Source: Agencies
  • 11 Dec 2022 22:31
  • 1 Shares
4 Min Read

US envoy John Kerry spoke about the recent backlash the UK government was facing over the government's decision to launch operations of a new coal mine.

  • x
  • Kerry says US could 'tweak' green subsidies after EU anger
    Kerry says US could 'tweak' green subsidies after EU anger

US climate envoy John Kerry said on Saturday that the US is open to amending its green subsidy program that sparked a row of anger among EU officials over the potential impact it could have on triggering massive job losses across the bloc. 

Kerry further noted in an interview with BBC Today program on Radio 4 that the UK government was facing heavy backlash over the government's decision to launch operations of a new coal mine.

France has also shown disproportionate levels of discontent with the act as evidenced by French President Emmanuel Macron's recent state-visit to Washington during which he threw a massive undiplomatic remark at his US hosts, that the Inflation Reduction Act (IRA) subsidies were posing a major threat to French competitors. 

The IRA specifically covers a wide range of areas, including energy-related legislation.

It increased the Investment Tax Credit for renewable energy projects from 26% to 30% and extended it to all storage projects. It also includes tax credits to manufacture solar panels, inverters, and racking components.

In addition, there are more tax credits for electric vehicles, electrical panels, heat pumps, and many other products directly related to the renewables industry.

The bill promises to put the difference of about $300 billion toward deficit reduction. It will also provide $369 billion in funds for energy security and climate change. $64 billion will be allocated to the Affordable Care Act over the next ten years.

"I don't think you're going to see it watered down," Kerry said, adding that the measures were required to launch the climate transition. "But will you see, where it might be appropriate if there were some tweak or adjustment that is fair, and not going to prejudice our own efforts?"

"I'm confident President (Joe) Biden would consider that," he said, adding that Biden never meant to harm EU competitors and has committed to be more considerate of the EU's needs.

Related News

West green subsidies damage clean energy development in South: India

Used electric car sales jump in US amid price drops

Read more: EU MPs consider submitting a WTO complaint against US

Kerry also spoke out after the UK gave the go-ahead for its first new deep coal mine in 30 years, indicating once more that the British government is inconsiderate of the environment. 

Greenpeace was quick to slam the project as a "climate hypocrisy", which is likely to antagonize other countries, according to Kerry.

Wealthier countries are breaching their own climate rhetoric as they communicate to poorer nations, "do as we say, not as we do".  

The official added that further information is required to make a proper decision on the mine which is solely intended to supply coal for steel plants. 

"But obviously, we will hear people raise criticisms about it because in general, the idea of mining coal in any form whatsoever is the opposite direction from that which most people are advocating and most people are moving in," he said.  

Speaking at the recent COP27 climate summit in Egypt, he said representatives lacked "collective ambition" to improve the dire condition of the environment.

Though he did not rebuke the overall UN process. 

"If you didn't have that kind of a process, you'd have to invent it. Because you need to get every nation on the planet engaged in this dialogue and in this effort." 

Read more: EU slams US over war-accumulated wealth: Politico

  • Inflation Reduction Act
  • Climate change

Most Read

Tucker Carlson speaks at a memorial for Charlie Kirk, Sunday, September 21, 2025, at State Farm Stadium in Glendale, Arizona (AP)

Tucker Carlson: Israeli officers gave orders on Iran inside Pentagon

  • Politics
  • 2 Oct 2025
A Hamas fighter in combat fatigues stands before the ceremony for the handover of Israeli captives to the Red Cross in Nuseirat, central Gaza Strip, Saturday, February 22, 2025 (AP)

Hamas responds to Trump plan, backs Gaza withdrawal, exchange

  • Politics
  • 3 Oct 2025
Mossad’s secret role in Aldo Moro’s 1978 murder revealed

Mossad’s secret role in Aldo Moro’s 1978 murder exposed

  • Politics
  • 5 Oct 2025
Al-Quds Brigades strike a command and control center north of Khan Younis, southern Gaza Strip, in an undated screengrab from the al-Quds Brigades military media

Gaza resistance announces major operations against Israeli forces

  • Politics
  • 1 Oct 2025

Coverage

All
War on Gaza

Read Next

All
Retired Israeli General Brik says Israel has reached point of no return.
Politics

Retired Israeli General Brik: 'Israel has reached point of no return'

Depleted by foreign wars, US seeks to re-arm for another confrontation
Politics

Depleted by foreign wars, US seeks to re-arm for another confrontation

Gaza’s newborns gasp for life as hospitals collapse amid Israeli war
Health

Gaza newborns gasp for life, share oxygen masks amid collapsed system

UK arms exports to 'Israel' reach record high despite ban calls
Politics

UK arms exports to 'Israel' reach record high despite ban calls

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS