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US Inflation Reduction Act
White House warns against Republican efforts to gut ‘tremendous’ IRA
...The impact of the IRA is set to be a critical flashpoint in next year’s election, with opponents claiming the huge spending triggered by the law has helped to push up inflation....
December 19, 2023
Electric vehicles
China’s EV supply chain dominance risks ‘collapse’ of US subsidies, warns South Korea
...But he noted that future US administrations could cause “huge trouble” for South Korean companies by modifying or repealing elements of the IRA, which Republican presidential candidate Donald Trump has threatened...
April 26, 2024
FT Live
US Decarbonization and Industrial Transition Summit
Securing the resources to build and finance America's clean energy future
Wednesday, 29 MayWashington, D.C., USA
NextEra Energy
Power giant NextEra plays down Republican threat to US climate law
...But his opponents argue the huge spending triggered by the law has helped to push up inflation. Much of the investment driven by the IRA has benefited Republican districts....
January 25, 2024
Renewable energy
Banks find clean-energy allies in fight against stricter capital rules
...“It just is a huge detriment to our business and the industry.”...
March 5, 2024
Letter
Letter: A gently declining population is no reason to panic
...The letter from Ira Sohn (“We can beat the baby bust — with the right policies”, April 5) needs challenging....
April 12, 2024
Energy Source
Can clean energy investment outlive Joe Biden’s IRA? Premium content
...As regular readers of this newsletter will know, the chunky tax cuts baked into America’s almost-one-year-old climate law have already propelled huge volumes of capital into the US and left other countries...
July 20, 2023
FT Live
Energy Transition Summit
Delivering a stable and efficient clean energy system
Tuesday, 22 OctoberLondon, UK & Online
US economy
This battleground election state is booming. Biden is not getting the credit
...Some voters say that far from helping Georgia, Biden’s policies, including the huge Covid-19 stimulus spending, have done harm....
March 19, 2024
Foreign investment in US
Toyota to invest $8bn in North Carolina battery plant
...“It’s a huge transformative opportunity that is really going to change the economic trajectory, not just of the community and region, but really of North Carolina for decades to come,” said Christopher Chung...
October 31, 2023
Northern Ireland
Stormont prepares to reconvene with region’s first nationalist leader
...The new leadership team will face huge challenges....
February 2, 2024
US politics & policy28 min
How Biden's Inflation Reduction Act changed the world | FT Film
...And to have the business have enough confidence that Schenectady can do this, that we're the right place to put it, is just huge. Developers are listening....
December 6, 2023
Northern Ireland
N Ireland terror anniversary overshadowed by fear over police data leak
...Northern Ireland paid tribute to victims of the region’s worst terror attack on Tuesday as security experts warned that a huge police data leak has handed a “gift” to violent groups still opposed to the...
August 15, 2023
Transcript
The battle for EV batteries in US speeds up
...What happens if there are rollbacks to the IRA?...
November 2, 2023
The Big Read
The Biden administration takes on the US drugs industry
...“There has been a growing political consensus that something had to be done about drug prices, particularly given the huge profits generated by pharmaceutical companies,” he adds....
September 18, 2023
Moral Money
Why the renewables market does not work Premium content
...“The IRA is very important, but those tax credits subsidise; they don’t stabilise,” he said....
March 29, 2024
Disrupted Times
One year on from Biden’s Inflation Reduction Act
...The Ukraine war is proving to be a huge opportunity for businesses to try out new technologies, fuelling hopes that the country might one day develop its own version of Silicon Valley, writes academic and...
August 18, 2023
FT Live
Accelerating the Energy Transition in Asia
Industrial strategies and policy drivers for sustainability
Tuesday, 30 JulyMandala Club, 31 Bukit Pasoh Rd, Singapore 089845
Rana Foroohar
Inconvenient truths about the green transition
...At first glance, this looks like a huge win for the Biden administration. And in some ways it is: America is finally starting to pass policies to encourage sustainable, inclusive growth....
August 7, 2023
Umicore SA
Umicore shares rally after Canada offers subsidies for battery materials plant
...Shares in European battery materials specialist Umicore rose 14 per cent on Tuesday after Canada granted huge subsidies for its planned plant in Ontario....
October 17, 2023
Energy sector
UK accused of ‘sleep walking’ over developing green hydrogen
...The warning comes at a time when fears are growing about the inadequacy of the UK and continental Europe’s response to the huge clean energy subsidies in the US, where the Inflation Reduction Act (IRA) is...
June 15, 2023
The Aesthete
My favourite gift – as suggested by the Aesthetes
...In the late 1940s he decided to create this garden of dreams, which is full of huge concrete sculptures and extravagant foliage, in the middle of the jungle....
December 20, 2023
Energy Source
‘Green nationalism’ endangers the global energy transition Premium content
...“There’s huge concern that Americans are going to be so obsessed about making American jobs that they’re going to erode the benefits of global trade.”...
July 6, 2023
The Big Read
A global subsidy war? Keeping up with the Americans
...The decision was a huge relief for Germany. Northvolt had announced plans last year to build a factory in the northern state of Schleswig-Holstein....
July 13, 2023
Transcript
A year of the Inflation Reduction Act
...Sonja Hutson I mean, why is there such a huge disparity about where this money is going? I mean, 80 per cent is going into these Republican districts. That’s a huge number....
August 16, 2023
News in-depthClimate change
How net zero became an election issue around the globe
...Frances Colón, who focuses on climate policy at the Center for American Progress, a left-leaning think-tank, said the IRA was bringing huge investment into so-called Red states controlled by the Republican...
September 21, 2023
Energy Source
Cleantech arms race is ‘good for climate’ Premium content
...‘Huge slowdown’ The IRA’s 10-year timeframe for tax credits gives developers confidence that the subsidies won’t run out before new projects turn a profit....
June 22, 2023
Martin Sandbu
Go big or go where? The new political dilemma
...But relative to the size of the two economies, Reeves’s plan dwarfs the IRA....
June 18, 2023

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