In the House’s version of Trump’s One, Big, Beautiful Bill Act Republicans proposed denying tax credits to clean energy companies whose supply chains contained any ties — big or small — to China. The rules were so administratively and logistically difficult, industry leaders said, that they were effectively the same as killing the tax credits…
Furthermore, China will have an additional 10% tariff imposed on it, effective in April. Trump said the moves are primarily aimed at stopping the import of goods that go towards the production of the synthetic opioid drug fentanyl, the centre of the most recent phase of the US’ opioid crisis. The latest tariff will bring…
For decades now analysts of various stripes have been predicting the end of America’s reign as the dominant world power. Some thought the war on terror, in which the U.S. spent on the order of $6 trillion turning half the Middle East into a Stygian wasteland, would crack it. Others thought the financial crisis of…
The election of Donald Trump – a felon and climate crisis denier – as president of the United States comes as a stroke of bitter irony after recent floods exacerbated by global warming smashed parts of the southeast US – Hurricane Milton alone is likely to cost up to US$50 billion – and given the…
China will continue to dominate the global clean energy market with its exports of solar panels, wind turbines, batteries, and electric vehicles (EVs) on track to triple in the coming decade, according to an analysis published this week by the International Energy Agency (IEA). The country’s clean technology exports are expected to exceed US$340 billion…