Wally Adeyemo, the deputy Treasury secretary, argued in a speech in Germany that the Biden administration’s climate law is not protectionist.
Tag: Inflation Reduction Act of 2022
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.
D.O.E.’s Loan Program Has a Lot More Climate Capital to Give
Jigar Shah runs a federal program that suddenly has a gusher of money to lend before the next election.
Battery Factories Are Driving Chinese Investment in Europe
Although China is investing less in Europe overall, Chinese battery producers are building factories to meet the demands of the region’s growing need for electric vehicles.
After Warmth From Biden, South Korea’s Yoon Faces a Different Tune at Home
President Yoon Suk Yeol’s foreign policy, aligning his country more closely with Washington and Tokyo, has polarized his country. And critics say he has won little to show for it.