Getting climate, energy & environment news right.

The US wants to end its reliance on Chinese lithium. Its policies are doing the opposite.
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The US wants to end its reliance on Chinese lithium. Its policies are doing the opposite.

"The United States desperately needs to hasten the development of supply chains for critical minerals that don’t involve China and Chinese companies for both commercial and national security interests. Unfortunately, current policies, including regulations from the Inflation Reduction Act (IRA), are doing exactly the opposite. They are hurting demand for electric vehicles, the very products that will incentivize the development of these supply chains. Instead, Washington needs to unleash the power of the US market by removing barriers to accessing capital, fast-tracking manufacturing, providing high-level diplomatic support, and promoting domestic demand."

A 2017 law comes back to haunt startups in 2024
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A 2017 law comes back to haunt startups in 2024

"How it used to work: If a company had $1.5 million in revenue and $1 million in expenses (let's say it was entirely domestic R&D), it would pay taxes on its $500,000 profit.

How it works now: In the same example, the company would have to amortize the $1 million in expenses over five years, so it would deduct only $200,000 (one fifth) and would pay taxes on $1.3 million in profit."

What China’s Ban on Rare Earths Processing Technology Exports Means
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What China’s Ban on Rare Earths Processing Technology Exports Means

"The rollout of major export restrictions for graphite, gallium, germanium, rare earth extraction, and separation technologies in less than one year should be a powerful signal to U.S. policymakers that although they are late to the critical minerals game, there is a significant need to both build domestic capabilities and leverage international cooperation to facilitate rapid sourcing and developing of processing capacity."

How Free Trade Helps the Environment
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How Free Trade Helps the Environment

Rather than increasing costs for clean technologies and adding artificial barriers for emerging markets to access industrialized ones, leaders should turn to free trade to meet the world’s economic, energy, and climate needs.

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