Biden hosts Macron amid friction over U.S. climate law

U.S. President Joe Biden is set to honor French President Emmanuel Macron with the first state dinner of his presidency on December 1 evening

Presidents Joe Biden and Emmanuel Macron are celebrating the longstanding U.S.-French relationship — but these are friends with differences. The French President is using his visit to Washington to sharply criticise aspects of the U. S. president’s signature climate law as a bad deal for Europe.

Mr. Biden is set to honor Mr. Macron with the first state dinner of his presidency on December 1 evening. First, the two leaders will sit down in the Oval Office for morning talks that officials from both sides said were expected to largely center on the leaders’ efforts to stay united in their response to Russia’s war in Ukraine and to coordinate their approach to an increasingly assertive China.

But ahead of Thursday’s meeting, Mr. Macron made clear that he and other European leaders remain deeply concerned about the incentives in a sweeping new climate-related law that favor American-made climate technology, including electric vehicles.

Mr. Macron on Wednesday criticised the legislation, known as the Inflation Reduction Act, during a luncheon with U.S. lawmakers and again during a speech at the French embassy. The French president said that while the Biden administration’s efforts to curb climate change should be applauded, the subsidies would be an enormous setback for European companies.

“The choices that have been made... are choices that will fragment the West," Mr. Macron said at the French embassy. He added that the legislation “creates such differences between the United States of America and Europe that all those who work in many companies (in the U.S.), they will just think, ‘We don’t make investments any more on the other side of the Atlantic.’”

Separately, at the luncheon with members of Congress from both parties, along with business leaders and diplomats, Macron said that major industrial nations need to do more to address climate change and promote biodiversity.

He criticised a deal reached at a recent climate summit in Egypt in which the United States and other wealthy nations agreed to help pay for the damage that an overheating world is inflicting on poor countries. The deal includes few details on how it will be paid for, and Macron said a more comprehensive approach is needed — “not just a new fund we decided which will not be funded and even if it is funded, it will not be rightly allocated.″