In her Mexico City visit, Treasury Secretary Janet L. Yellen sought to deepen economic ties while countering drug trafficking.
Tag: Inflation Reduction Act of 2022
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.
U.S. Looks to Allay European Fears of a Subsidy War
Wally Adeyemo, the deputy Treasury secretary, argued in a speech in Germany that the Biden administration’s climate law is not protectionist.
A Rural Michigan Town Is the Latest Battleground in the U.S.-China Fight
Firestorms over Chinese investments, like a battery factory in Green Charter Township, are erupting as officials weigh the risks of taking money from an adversary.
Leaks Can Make Natural Gas as Bad as Coal for Climate, Study Says
The findings cast doubt on the idea that natural gas can serve as a transitional fuel to a future powered entirely by renewables like solar and wind.
Debt Deal Includes a Green Light for a Contentious Pipeline
Climate activists are livid over a provision in the debt limit agreement that orders federal agencies to issue permits for the Mountain Valley Pipeline — and says courts can’t review them.
G7 Countries Borrow China’s Economic Strategy
Wealthy democracies rev up an effort to spend trillions on a new climate-friendly energy economy, while stealing away some of China’s manufacturing power.
Biden Vetoes Legislation That Would Reinstate Tariffs on Some Solar Panels
President Biden announced a two-year pause on the tariffs last year after importers complained that the penalties would threaten broader adoption of solar energy in the United States.
Some U.S. Solar Makers Criticize Biden’s Tax Credits as Too Lax on China
U.S.-based manufacturers of solar products say rules issued by the Biden administration on Friday will “cement China’s dominance” over the solar industry.