Biden’s Climate Tax Breaks Are Popular, Driving Up Law’s Cost
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Biden’s Climate Tax Breaks Are Popular, Driving Up Law’s Cost

A law to boost clean energy appears to be more potent than predicted, with big implications for both budget talks and efforts to fight climate change.
Biden Is Expected to Veto an Anti-E.S.G. Resolution From Congress
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Biden Is Expected to Veto an Anti-E.S.G. Resolution From Congress

President Biden is expected to use his first veto to protect environmental, social and corporate governance investment considerations in retirement plans.
U.S. Eyes Trade Deals With Allies to Ease Clash Over Electric Car Subsidies
Posted inBatteries Biden, Joseph R Jr Electric and Hybrid Vehicles Inflation Reduction Act of 2022 International Trade and World Market Manchin, Joe III Tax Credits, Deductions and Exemptions Treasury Department United States Economy United States Politics and Government

U.S. Eyes Trade Deals With Allies to Ease Clash Over Electric Car Subsidies

The Biden administration has faced backlash in Europe and Asia over its plans to bolster electric vehicle and battery production.
Tesla Bulls Take Heart From Strong Profits
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Tesla Bulls Take Heart From Strong Profits

Shares in the electric carmaker continued to rally after the company reported strong profits, even amid growing competition and economic pressures.