The landmark law saved American families $8.4bn in 2023, but its future is in jeopardy ahead of the November election
$84bn of initiatives announced in first year of the IRA and Chips Act have experienced slowdowns
FT research shows that $84bn of initiatives announced in first year of the IRA and Chips Act have experienced slowdowns
America’s largest photovoltaics manufacturer must innovate if it is to compete with Asia as prices stay low
Jakarta wants to help its industry qualify for tax credits under Joe Biden’s initiative to build a US electric vehicle supply chain
Kamala Harris won’t have much room to shift from industrial intervention and import tariffs
Global supply glut of panels is hurting producers but also helping installations
They want ‘made in Europe’ requirements to protect region’s hydrogen equipment manufacturing industry
NextEra’s Rebecca Kujawa warns clean energy duties are raising costs for US consumers
Domestic manufacturers are split over a commerce department investigation into alleged dumping
New Biden levies on Beijing undermine the global economy and the climate transition
Also in today’s newsletter, how another Trump administration could reshape the energy outlook
Oil companies, banks, private equity and others partner with renewables developers to offset liabilities
There is no effective means of constraining destructive subsidies
Joe Biden’s move looks to court blue-collar votes in electoral swing states — but will be felt far beyond the US
Seoul’s industry minister says China’s grip on graphite threatens Inflation Reduction Act incentives
Also in today’s newsletter, a new report takes aim at the ECB’s ‘carbon bias’
Biden administration push to decarbonise draws in companies from Sweden, Denmark and Germany
Plant being built in South Carolina by parent Volkswagen among options available to German brand
Domestic industry wants stronger tariffs as subsidies have not done enough to ward off Chinese competition
How should western policymakers use subsidies and tariffs to encourage drivers to switch? Probe the arguments with this ‘instant teaching case study’
Carmaker will focus on electrifying flexible fuel models as rivals pour money into Latin America’s largest economy
Concern risk-weighting for renewable-power projects would rise fourfold under Basel III endgame proposal
Clarity sought on climate legislation as Seoul and Washington are brought closer by need to reduce dependence on China
Strong American economy and tax incentives lure investors as Berlin frets over deindustrialisation
