Companies that get federal grants or loans usually sign a legally binding agreement and depend on getting reimbursed. The new administration has upended that expectation.
Tag: Inflation Reduction Act of 2022
Trump Is Freezing Money for Clean Energy. Republican States Have the Most to Lose.
About 80 percent of manufacturing investments spurred by a Biden-era climate law have flowed to Republican districts. Efforts to stop federal payments are already causing pain.
Biden, Headed to the Exit, Sets an Aggressive Climate Goal for the U.S.
The promise of deeper emissions cuts will very likely be ignored by the Trump administration, but officials hoped it would send a signal to the world.
Clean Energy Is Booming in the U.S. The Election Could Change That.
Trump has suggested he would dismantle the Inflation Reduction Act, which has reshaped America’s energy landscape. It won’t be easy.
Trump Campaign Stokes China Fears to Lure Michigan Voters
JD Vance, the Republican vice-presidential nominee, waded into a fight over plans by Gotion, a Chinese battery plant, to build a factory in Michigan.
Podesta Meets With China’s Climate Envoy Amid Deep Economic Tensions
Beijing’s dominance raises economic and security concerns, and tensions will be high as top climate diplomats meet this week.
This Arctic Circle Town Expected a Green Energy Boom. Then Came Bidenomics.
Generous subsidies are helping the United States steal green industries from Europe, as countries race to secure the energy supplies of the future.
U.S. and Mexico Try to Promote Trade While Curbing Flow of Fentanyl
In her Mexico City visit, Treasury Secretary Janet L. Yellen sought to deepen economic ties while countering drug trafficking.
Europe and Asia React to U.S. Push for Tech and Clean Energy
Other governments, particularly in Europe, are trying to counter the Biden administration’s industrial policies with their own incentives.
House Passes Aid Bill for Israel but Not for Ukraine
The Republican-led House approved $14.3 billion for Israel’s war with Hamas, tying the aid to spending cuts. The Senate plans to craft its own bill that will include aid for Ukraine and Gaza.