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State backing for renewable investments fuels growth but western nations remain dependent on Asia for supply
Also in today’s newsletter, a look at the widening global oil supply deficit
One year after the IRA and Chips Act became law, FT research shows who is winning the investment race
EU start-ups attract less than half the funding of US counterparts since IRA was unveiled
The FT’s US financial editor Brooke Masters explains why share buybacks have become so hotly debated
A year after passage of IRA and Chips Act, vast majority of investment is going to red states
Also in today’s newsletter, Joe Biden touts clean energy jobs on the campaign trail
Oil majors and utilities seek tax credits for projects powered in part by fossil fuels
Also in today’s newsletter, IRA lures European solar manufacturer to new US facility over German expansion
Pharma industry deprioritising certain pills with shorter exclusivity period, says head of Swiss drugmaker
The economist warns about the flaws of the Inflation Reduction Act and viewing industrial competition as a zero-sum game
Washington’s allies in Europe and Asia were initially outraged by its new industrial policy. Now they are scrambling for ways to catch up
Supply of resources could hit demand from clean energy transition but China dominates spending, says IEA
The US’s allies are scrambling to match Washington’s $369bn package of climate and energy measures
Also in today’s newsletter, the US clean energy jobs boom continued in 2022
Record loan from Department of Energy to help fund new factories in Tennessee and Kentucky
Domestic manufacturing and ‘friendshoring’ will struggle to supply the clean energy boom
Official says foreign subsidies are undermining renewable industries ahead of Modi’s US state visit
Biden administration’s clean energy and semiconductor incentives spur German chipmaker to review its plans
Tree Energy Solutions says Washington’s Inflation Reduction Act has accelerated the methane project
Company to spend $4bn on two new biomass plants in southern US with potentially more to follow
Treasury department unveils fresh guidance but analysts say few domestic companies could fully capitalise on the subsidy
Critics question whether generous incentives to attract foreign investment deliver value for money
Domestic heat pumps will move into the commercial mainstream in Germany next year
Ford’s deal with Chinese company CATL offers alternative model for carmakers
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