these subsidies already announced are still in their infancy but i wonder what difference they are making already and i suppose that comes down to corporate thinking about where they may set out, whether they have the financial support to invest in new r and d and green tech. i think alreadys we've seen some announcements from companies battery companies, car companies, that they may switch investments to the us because of the subsidy that is on offer but this is not a zero—sum game. in the end, a huge part of this, these clean technology industries, did not exist 15, 20 years ago. they have grown as a result of the need and investment. the ippc making it abundantly clear that the need is still there for us to expand these industries, expand this transition. and more of that investment
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