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Inflation Reduction Act

Opinion | US and EU trade barriers not only hurt China, they also derail climate action

by Walter Watson
Opinion | US and EU trade barriers not only hurt China, they also derail climate action

Viewed as discriminatory by BASIC, a grouping that includes Brazil, South Africa, India and China, the EU’s border tax will work to deter carbon-intensive imports, such as aluminium and steel. …

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Opinion: US efforts to control rare earths appear doomed amid China’s dominance

by Anas Siddiqui
Opinion: US efforts to control rare earths appear doomed amid China’s dominance

The United States and Britain have made “significant progress” on a critical minerals agreement, US Trade Representative Katherine Tai said on October 28 after talks in Japan. This could have …

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The American South Is Winning The EV Manufacturing Battle

by Horatio Thompson
The American South Is Winning The EV Manufacturing Battle

“Alabama is full steam ahead on electric,” said one interviewee on a recent report from NPR’s The Indicator. The South is “becoming the new Detroit,” claimed another. Alabama, along with …

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Almost Half Of Americans Haven’t Heard Of Biden’s EV Tax Credit

by Horatio Thompson
Almost Half Of Americans Haven’t Heard Of Biden’s EV Tax Credit

A large percentage of Americans don’t know that EVs qualify for up to $7,500 in federal tax credits. The latest subsidies for buying a fully-electric car, be it new or …

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IRS Focusing On High Income Taxpayers And Their Offshore Transactions

by Anas Siddiqui
IRS Focusing On High Income Taxpayers And Their Offshore Transactions

In connection with the Inflation Reduction Act of 2022, the IRS was promised $80 billion in much needed resources and, in turn, committed to focus its expanded enforcement efforts on …

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China Plans To Sneak EV Batteries Into The U.S. Via South Korea

by Horatio Thompson
China Plans To Sneak EV Batteries Into The U.S. Via South Korea

The U.S. is trying to cut China out of its EV supply chain, but the Eastern superpower is not keen on reducing its role in global EV production. Chinese companies …

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