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The views expressed on this podcast are those of the participants, not of Roalders News.

You know, our message is pretty clear, which is that Europe and other allied countries

have nothing to fear from the inflation reduction act and quite a bit to gain.

And that when the United States steps up and makes the most significant

investment in clean energy and energy security ever in the history of the country, one of the

many things that it does is to actually accelerate the reduction in cost of deploying next generation energy technologies that are critical for the world and that those benefits are felt far outside the United States.

That's White House Economic Advisor Brian Dees trying earlier this week to reassure jittery Europeans concerned about America's planned green subsidies.

With Europe working on its own version, this battle for climate change jobs and manufacturing is the focus of this week's Views Room.

Welcome back to the Viewsroom, the podcast from Reuters' Breaking Views, where columnists from around the world talk about the big stories of the week. I'm your host, Amy Donlin, coming to you from London.

And Green Arms Race is on. The US has set aside nearly $370 billion in climate aid as part of Joe Biden's Inflation Reduction Act.

But Europe isn't likely to see much of that money, so is launching its own version.

And here to talk to me about the evolving situation is Rebecca Christie, our guru of all things in Europe,

but it was also American, and our climate change expert, George Hay, who is Emia editor of breaking views.

Welcome George and welcome Rebecca.

Thanks so much.

So Rebecca, I'll start with you.

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