warming, the european union laid out its ambitions to boost the green economy. it has announced plans for massive subsidies for green tech to match the near $400 billion already committed by us presidentjoe biden in his signature information reduction act. in washington, dc the issue topped the agenda at the meeting between the eu president and president biden taking precedence even over the war in ukraine. the first topic we discussed is information reduction act and, indeed, we welcome the inflation —— inflation reduction act because it is a massive investment in the green transition, moving towards a net zero economy. it is mirrored by the green deal industrial plan in the european union. the amounts of money we are talking about for these subsidies is huge. the american inflation