This month’s announcement is expected to lead to a push by chip makers for $53 billion…
Tag: government assistance
More EVs to Qualify for Tax Credit Following Treasury Changes
The government announced changes on Friday to make more electric vehicles eligible for a $7,500 tax…
India Embraces Budgetary Caution—And Infrastructure
A year away from national elections, New Delhi is protesting wasteful spending on subsidies. Instead, the…
Europe’s Answer to Biden’s Climate Bill Is Still Murky Green
The European Union has launched a new industrial policy it hopes can speed up the region’s…
EU sets out options to compete with US green subsidies
The EU’s executive body laid out a road map to compete with US green subsidies with…
Car Leasing Plummeted During Pandemic, Could Take Years to Recover
Low dealership stock and a lack of affordable deals have prompted more Americans to buy rather…
U.S. Energy Subsidies Kick Off Global Battle for Jobs, Billions in Investment
Massive clean-energy incentives in the US have triggered a global competition for green investment, prompting companies…
Janet Yellen hopes EV subsidy rules to spur new trade deals
The Treasury Secretary says Japan and the European Union will need a new agreement covering mineral…
Biden’s Green Subsidies Are Attracting Billions of Dollars to Red States
Business GOP-leaning states, many of which have ample sunlight, wind and available land, are attracting clean-energy…