• Skip to primary navigation
  • Skip to main content

Aspen Institute Germany

Das Logo des Aspen Institute Germany in der blauen Version
Newsletter
  • Facebook
  • Instagram
  • LinkedIn
  • Twitter
  • About Aspen
    • Aspen Germany
    • Boards
    • Team
    • Jobs
    • Aspen International
    • Shepard Stone Award
  • Programs
    • Digital Program
      • Digitalization and Democracy
        • Democracy 2.0 – Strengthening Liberal Values in the Ages of Digital Disruption
        • Digital Dish Series
        • Disinformation and the Role of Influencers in Times of Conflict  
        • ENGAGING GERMAN INFLUENCERS INITIATIVE
        • COVID-19 and Tech Virtual Conversation Series
        • Media Literacy Initiative
        • Tech and the Worker Series: Overcoming the Conundrums of the “Great Decoupling”
      • Digitalization and Ethics
        • Aspen Berlin AI Conference 2021
        • Aspen Berlin AI Conference 2020
        • Aspen Berlin AI Conference 2019
        • Aspen Berlin AI Conference 2018
      • Digitalization and European Sovereignty
        • A Transatlantic Perspective on Digital Sovereignty
      • Digitalization and Geopolitics
      • Digitalization and Transatlantic Relations
        • German-American Trade and Tech Dialogue
    • Europe Program
      • Aspen Initiative for Europe
      • Civil Society & Think Tank Forum Berlin
      • The Future of Europe
      • Western Balkans Background Discussions
      • Western Balkans Regional Dialog
      • Aspen Southeast Europe Foreign Minister Conference
      • Berlin Policy Hub for Think Tanks from the Western Balkans
      • Visegrad 4 – Germany Forum
    • Leadership Program
      • Philosophy and Practice
      • Leadership in Times of Crisis
    • Public Program
      • Ambassadors‘ Talk
      • Global Threats Series
      • International Press Roundtable
      • The Future of Ukraine
      • Event Series Road to Election Night & Beyond
      • Publication Series Transatlantische Impulse
    • Transatlantic Program
      • America’s Choice – Der USA-Podcast
      • Future Cities – A Transatlantic Townhall Project
      • Laboratories of Democracy Initiative
      • State-to-State: German-American State Legislator Dialogue
      • U.S.-German Forum Future Agriculture
      • Berlin Transatlantic Forum
      • Bundestag and Congress Staffers Exchange Program
      • German-American Dialog
      • Trilateral Dialog with Parlamentarians from Germany, Russia, and the U.S.
  • Events
  • Publications
  • Support Aspen
    • Membership
    • Donation
  • Newsroom
  • Contact

Panel Discussion “Inflation Reduction Act: The Road to Protectionism or a Driver of Transformation?”

    • January 31, 2023
  • -
    • January 31, 2023

At a time when international markets are already reeling from Russia’s war on Ukraine, the U.S. Inflation Reduction Act has caused an international stir. By combining corporate tax increases with subsidies and incentives on renewable energy, specifically electric vehicles produced in the U.S., the Act is projected to greatly reduce U.S. carbon emissions while bolstering its own industry. While some raised the concern that the Act would unfairly disadvantage European industries, other pointed out the benefits of this green energy transition.
Recognizing this tension between the U.S. and the European states in this debate, Aspen Germany hosted a panel discussion on the Inflation Reduction Act on January 31st from 4:45 p.m – 5:45 pm. (CET). The goal was to work out both benefits and disadvantages of the IRA. If free and open transatlantic (and indeed global) trade is the optimal route to accelerating a green energy transition, how can global economic powers work together to subsidize renewable industries? Are the pressures put onto EU industry by the IRA within the realm of “normal” international trade fluctuations, or is it indicative of inherent weaknesses at the heart of the European economy? How could robust transatlantic cooperation help to strengthen global renewable energy supply-chains? We discussed these questions with Michael Froman, Vice Chairman, Mastercard inc and former U.S. Trade Representative; Dan Hamilton, President, Transatlantic Leadership Network, Brookings Institution/Johns Hopkins University; Sabine Jost-Heil, Senior Manager Trade and Industrial Policy, Political Intelligence, Mercedes-Benz Group AG; and Dr. Laura von Daniels, Head of Research Division, Research Division “The Americas”, SWP. The discussion was held under the Chatham House Rule. 

Contact

  • Emilie Schreier

  • Program Officer
  • Phone: +49 (0) 30 804 890 15
  • schreier@aspeninstitute.de
  • Duncan Gordon-Forbes

  • Program Assistant
  • Phone: Phone: +49 (0) 30 804 890 16
  • gordon-forbes@aspeninstitute.de
Das Logo des Aspen Institute Germany in der weißen Version
  • Newsletter
  • Contact
  • Imprint
  • Privacy Policy

Aspen Institute Deutschland e.V.

Friedrichstraße 60 | 10117 Berlin
Phone: +49 (0) 30 804 890 0
Email: info@aspeninstitute.de

  • Facebook
  • Instagram
  • LinkedIn
  • Twitter
Copyright © 2023