In August 2022, the USA passed the Inflation Reduction Act (IRA) – an investment package worth billions of dollars. This was met with mixed feelings in Europe. David McAllister (CDU) and Joachim Schuster (SPD), both Members of the European Parliament, explain what this package means for the EU and how Germany is handling this challenge.
![Protectionist climate protection package](https://www.logistics-pilot.com/wp-content/uploads/2023/02/Point_1450-1080x675.jpg)