• Latest
  • Trending
  • All
  • Egypt
  • Business
  • Local
  • World
Kerry says US could ‘tweak’ green subsidies after EU anger

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

December 10, 2022
Saudi Arabia: Houthis gained advanced technology with regional help

Saudi Arabia: Houthis gained advanced technology with regional help

October 15, 2026
Spain includes Bernabeu, Camp Nou among venues in 2035 WB bid

Spain includes Bernabeu, Camp Nou among venues in 2035 WB bid

October 15, 2026
24.6m citizens screened under presidential health initiative

24.6m citizens screened under presidential health initiative

October 15, 2026
Iran says oil tanker on fire in Gulf of Oman

Iran says oil tanker on fire in Gulf of Oman

October 15, 2026
Vinícius Júnior says being targeted by referees

Vinícius Júnior says being targeted by referees

October 15, 2026
PM: Egypt’s energy sector transformed challenges into stability, sustainability

PM: Egypt’s energy sector transformed challenges into stability, sustainability

October 15, 2026
Saudi Arabia intercepts missile over Medina region

Saudi Arabia intercepts missile over Medina region

October 15, 2026
EU, Gulf states postpone summit due in Saudi Arabia

EU, Gulf states postpone summit due in Saudi Arabia

October 15, 2026
Egypt, Bahrain to boost economic, investment ties

Egypt, Bahrain to boost economic, investment ties

October 15, 2026

Egypt, Somalia FMs discuss ties, development in Horn of Africa

October 15, 2026
  • Advertise
  • Privacy & Policy
  • Contact
Thursday, October 15, 2026
  • Login

Editor-in-Chief

Mohamed Fahmy

Board Chairman

Tarek Lotfy

Egyptian Gazette
No Result
View All Result
  • HOME
  • EGYPT
    • Local
    • Features
  • World
    • National Day
  • Technology
  • BUSINESS
    • Real Estate
    • Automotive
  • SPORTS
  • ENTERTAINMENT
    • Arts
    • Health
    • Lifestyle
    • Travel
  • Skyward
    • Snippets from EgyptAir history
  • MORE
    • Multimedia
      • Video
      • Podcast
      • Gallery
    • OP-ED
  • HOME
  • EGYPT
    • Local
    • Features
  • World
    • National Day
  • Technology
  • BUSINESS
    • Real Estate
    • Automotive
  • SPORTS
  • ENTERTAINMENT
    • Arts
    • Health
    • Lifestyle
    • Travel
  • Skyward
    • Snippets from EgyptAir history
  • MORE
    • Multimedia
      • Video
      • Podcast
      • Gallery
    • OP-ED
No Result
View All Result
Egyptian Gazette
Home Cop 27

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

by News Wires
December 10, 2022
in Cop 27, World
Kerry says US could ‘tweak’ green subsidies after EU anger 11 - Egyptian Gazette
Share on FacebookWhatsapp

LONDON — 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 (RM1.6 trillion) 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.

“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.

Biden defended the act to Macron, but said it was never intended to disadvantage US allies, and has committed to understanding EU concerns.

Kerry also spoke out after Britain this week granted planning permission for a controversial new coal mine in northern England, the first in decades.

The go-ahead for the project in Cumbria was slammed by Greenpeace as “climate hypocrisy”, and Kerry said it risked antagonising other countries.

Richer countries had to abide by their own climate rhetoric or be portrayed as “do as we say, not as we do”, the US envoy said.

Kerry said he needed more information about the rationale for the mine, which is intended to supply coal for steel plants, including how its emissions might be offset.

“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.

Kerry conceded that the recent COP27 climate summit in Egypt lacked “collective ambition” to avert the worst-case models for rising temperatures.

But he defended the UN process overall.

“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.”

Tags: COP27green subsidiesJohn KerryTop_News

Discussion about this post

ADVERTISEMENT
egyptian-gazette-logo

The Egyptian Gazette is the oldest English-language daily newspaper in the Middle East.
It was first published on January 26, 1880 and it is part of El Tahrir Printing and Publishing House.

Follow Us

Saudi Arabia: Houthis gained advanced technology with regional help

Spain includes Bernabeu, Camp Nou among venues in 2035 WB bid

24.6m citizens screened under presidential health initiative

Iran says oil tanker on fire in Gulf of Oman

Vinícius Júnior says being targeted by referees

  • Advertise
  • Privacy & Policy
  • Contact

Copyrights for © Egyptian Gazette - Administered by Digital Transformation Management.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
  • EGYPT
    • Local
    • Features
  • World
    • National Day
  • Technology
  • BUSINESS
    • Real Estate
    • Automotive
  • SPORTS
  • ENTERTAINMENT
    • Arts
    • Health
    • Lifestyle
    • Travel
  • Skyward
    • Snippets from EgyptAir history
  • MORE
    • Multimedia
      • Video
      • Podcast
      • Gallery
    • OP-ED

Copyrights for © Egyptian Gazette - Administered by Digital Transformation Management.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.