Emmanuel Macron said on Friday that he wants “exemptions” sought by the United States for European industries under the massive climate subsidy (IRA) plan to be “resolved” by the first half of 2023, AFP reported.

Macron, who was met with pomp by BidenPhoto: Pool/ABACA / Shutterstock Editorial / Profimedia

“For me, by the beginning of next year, this issue should be resolved,” the French president told reporters in New Orleans the day after meeting with his American counterpart, Joe Biden, in Washington.

Ahead of his visit to the White House, he described as “super-aggressive” the massive subsidies and tax breaks provided for electric vehicles, batteries or “made in the USA” projects using renewable energy sources under the Inflation Reduction Act (IRA). 420 climate plan Joe Biden’s billion-dollar bill passed last summer.

France said it hoped to be released.

On Thursday, the US president said he was ready to fix “flaws” in his law, which he has defended with all his might, without specifically mentioning exceptions or referring to possible concessions on technical work.

According to Emmanuel Macron, his “direct speech with President Biden” still paid off.

“It was my duty to do this (this speech) as a European, not only on behalf of France,” but “all of Europe,” he said.

“Before we walked in the door, it wasn’t a debate at all in our country” or “here” in the United States, he added.

Several European voices have expressed concern about the IRA’s implications for industry on the Old Continent, including European Internal Market Commissioner Thierry Breton, who threatened to “go to the WTO” in early November.

“Now everyone is talking about it, it’s good. The aim is for the European Union (…) to have exceptions. What I was trying to show the president (Biden) is that it’s good for the United States of America and it’s good for us,” he said.

He believes that the negotiations are indeed moving towards “exceptions” for what European industry “produces”, “like countries in the region”, namely Canada and Mexico.