The Biden administration has faced backlash in Europe and Asia over its plans to bolster electric vehicle and battery production.
Tag: Tax Credits, Deductions and Exemptions
Climate Change May Bring New Era of Trade Wars, as E.U. and U.S. Spar
Countries are pursuing new solutions to try to mitigate climate change. More trade fights are likely to come hand in hand.
U.S. Pours Money Into Chips, but Even Soaring Spending Has Limits
Amid a tech cold war with China, U.S. companies have pledged nearly $200 billion for chip manufacturing projects since early 2020. But the investments are not a silver bullet.
U.S. Pours Money Into Chips, but Even Soaring Spending Has Limits
Amid a tech cold war with China, U.S. companies have pledged nearly $200 billion for chip manufacturing projects since early 2020. But the investments are not a silver bullet.
Electric Cars Are Taking Off, but When Will Battery Recycling Follow?
Many companies and investors are eager to recycle batteries, but it could take a decade or more before enough used lithium-ion batteries become available.
How to Hand Out Billions in Climate Subsidies? Very Carefully.
John Podesta, the White House aide overseeing new tax credits, said rules were expected to be in place within months. Avoiding waste and fraud is a priority.
Biden’s ‘Made in America’ Policies Anger Key Allies
The president’s plans to bolster America’s electric vehicle and battery production have opened a rift in relationships in Asia and Europe.
Poverty, Plunging
Child poverty in the U.S. has fallen by more than half since the early 1990s.
How the New Climate Law Can Save You Thousands of Dollars
Rebates and tax credits can lower the cost of solar panels, energy-efficient appliances and electric vehicles.
Seven Key Provisions in the Climate Deal
The $369 billion climate and tax bill would affect every aspect of U.S. energy production, with incentives for producers and consumers to move away from fossil fuels.