WASHINGTON (Reuters) – The pinnacle of European planemaker Airbus criticized the U.S. Inflation Discount Act on Tuesday, saying the legislation might make it tougher for the European Union to speed up its personal decarbonization efforts.

Airbus Chief Government Guillaume Faury stated the legislation, which boosts U.S. funding in renewable power merchandise, “is destabilizing the extent taking part in discipline” between U.S. and European firms by offering subsidies that might draw enterprise into the USA.

Throughout a speech on the Aero Membership in Washington, Faury stated it was “completely important” that truthful competitors be maintained.