Manchin Goes Scorched Earth On IRA EV Tax Credits
The Biden administration’s signature clean energy law, the Inflation Reduction Act (IRA), got its clock cleaned last week at a Senate Energy Committee hearing.
The Biden administration’s signature clean energy law, the Inflation Reduction Act (IRA), got its clock cleaned last week at a Senate Energy Committee hearing.
Congress must act to prohibit Chinese companies from receiving Inflation Reduction Act tax credits.
WASHINGTON — The Coalition for a Prosperous America (CPA) today welcomed news that Suniva, the U.S.’s oldest and largest solar cell manufacturer, will restart operations next year , in part as a result of tax credits and domestic content provisions in the Inflation Reduction Act (IRA), coupled with existing safeguard and enforcement mechanisms. CPA is…
Chinese solar manufacturers could take advantage of the Inflation Reduction Act’s tax credits by opening plants in the United States.
The leaders of the Senate Energy and Natural Resources Committee grilled a government official on the EV batteries supply chain. From copper to EV battery minerals, the U.S. is way behind.
China EV battery makers are the world’s largest. The U.S. has none. So China is getting new contracts to build EV plants, thanks to Inflation Reduction Act. Some in Washington do not want IRA benefits going to China.
Congress Should Pass Legislation Prohibiting Chinese Companies from Receiving Inflation Reduction Act Tax Credits WASHINGTON — The Coalition for a Prosperous America (CPA) today released a statement after Ford announced it would pause its deal with Chinese Communist Party (CCP) battery maker CATL. Ford’s partnership with the CCP-aligned battery maker has come under intense…
China companies top the leader board for EV battery manufacturing. Overcapacity will lead to a glut in EV batteries. It’ll push down prices. It might also push some out of business, especially if based in the U.S. and Europe.
Manufacturers from California, Wisconsin, Illinois and Ohio tell Congressmen that more needs to be done to compliment tariffs on China.
Biden’s Solar Emergency Declaration Still Protecting Illegal Chinese Trade Activity WASHINGTON — The Coalition for a Prosperous America (CPA) today released a statement after the Department of Commerce issued a final determination in its investigation that found that Chinese companies operating in Malaysia, Thailand, Vietnam, and Cambodia are illegally circumventing existing antidumping and countervailing (AD/CVD)…