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US Inflation Reduction Act

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  • Tuesday, 28 March, 2023
    US trade
    US and Japan strike trade deal on critical minerals for electric car batteries

    Move comes as Biden administration prepares guidance on qualifying for tax credits under IRA

  • Monday, 27 March, 2023
    Batteries
    European battery makers welcome EU response to US subsidies

    Industry executives say they are encouraged by Brussels’ response to the IRA but urge quick action

  • Friday, 17 March, 2023
    Renewable energy
    Solar industry warns EU rules would hamper clean energy transition

    Vital Chinese supply chain would be hit by local content proposals in Net Zero Industry Act

  • Thursday, 16 March, 2023
    Green solutions
    EU’s net zero plans will fail without more money, warn industry chiefs

    Proposal to counter US green subsidies lacks ‘clarity and funding’ of Washington initiative, say executives

  • Tuesday, 14 March, 2023
    Climate change
    Labour accuses UK government of complacency over Biden’s green plan

    Opposition party says ministers should listen to business concerns about impact of the US Inflation Reduction Act

  • Monday, 13 March, 2023
    Volkswagen AG
    VW picks Canada for battery plant after being lured by US green incentives

    Washington’s subsidy rules benefit northern neighbour as German carmaker puts European plant on hold

  • Monday, 13 March, 2023
    EU business regulation
    EU liberals battle big state role in plans for green economy

    Debate comes as Brussels unveils key proposals this week in subsidy race with US and China

  • Saturday, 11 March, 2023
    News in-depthOil & Gas industry
    Oil industry struts Texas stage with its old swagger at energy jamboree

    Participants in CERAWeek sense the mood has shifted in their favour as a result of the energy crisis

  • Friday, 10 March, 2023
    US energy secretary offers olive branch to EU in green subsidies row

    Jennifer Granholm says in interview that Washington wants to ‘make sure we can do this in a way that lifts all’

  • Thursday, 9 March, 2023
    European Commission
    EU opens subsidy race with US to fight exodus of green projects

    Brussels will allow members to ‘match’ multi-billion dollar incentives to move across Atlantic

  • Wednesday, 8 March, 2023
    VW puts European battery plant on hold as it seeks €10bn from US

    Europe’s largest carmaker is ‘waiting’ for an EU response to Biden administration’s subsidies

  • Tuesday, 7 March, 2023
    Energy Source
    The new energy world order Premium content

    Also in today’s newsletter, the largest market for EVs steps on the brakes

  • Tuesday, 7 March, 2023
    Oil & Gas industry
    Oil groups line up for billions in subsidies under US climate law

    Inflation Reduction Act’s tax credits include technologies favoured by fossil fuel sector

  • Monday, 6 March, 2023
    Europe Express
    Why Germany has blocked the road to banning EU combustion engines Premium content

    Also in today’s newsletter: the fight among green tech to win incentives from Brussels

  • Monday, 6 March, 2023
    Global minimum tax could eat up US green subsidies, say companies

    Multinationals warn of ‘massive’ transfer of American taxpayer money into foreign government coffers

  • Friday, 3 March, 2023
    EU energy
    EU clean tech draft plan sets 40% production target

    Response to US Inflation Reduction Act focuses on wind and heat pump sectors

  • Friday, 3 March, 2023
    Volkswagen AG
    VW to build $2bn electric vehicle plant in South Carolina

    German carmaker also seeks site for its first battery factory in North America

  • Tuesday, 28 February, 2023
    Americas economy
    Tesla to build car plant in Monterrey, says Mexico’s president

    López Obrador confirms investment after finalising details with carmaker’s chief executive Elon Musk

  • Tuesday, 28 February, 2023
    EU economy
    EU workers lack skills to green the economy, EIB poll finds

    Shortage of engineers and IT professionals is holding back clean technology transition

  • Monday, 27 February, 2023
    Special ReportRoad to Net Zero
    US-Europe trade tensions heat up over green subsidies

    EU officials fear Biden’s climate law will undermine the bloc’s own efforts to drive green investment

  • Friday, 24 February, 2023
    US politics & policy
    US makes ‘no apologies’ for prioritising American jobs, clean energy tsar tells EU

    John Podesta pushes back at European criticism of $369bn climate spending

  • Friday, 24 February, 2023
    Utilities
    Engie urges Europe to boost local energy supply chains

    French utility’s chief says region should take inspiration from tax breaks and incentives in US Inflation Reduction Act

  • Monday, 20 February, 2023
    News in-depthUS economy
    Biden’s planned US building boom imperilled by labour shortage

    Half a million more construction workers needed as public money floods into infrastructure and clean energy

  • Sunday, 19 February, 2023
    Global trade
    European business groups attack US over latest green investment move

    American officials asked to stop acting ‘in their own interest’ by trade organisations and lawmakers, while companies see opportunities

  • Thursday, 16 February, 2023
    Energy Source
    Inside America’s energy revolution Premium content

    Also in today’s newsletter, why are global oil markets relatively calm

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