By Valerie Volcovici DUBAI (Reuters) – The U.S. will release guidance for how hydrogen producers can secure billions of dollars of subsidies embedded in last year’s Inflation Reduction Act sometime …
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By Leah Douglas WASHINGTON (Reuters) – U.S. Agriculture Secretary Tom Vilsack said on Wednesday he was confident the Treasury Department would release guidance by the end of the year that …
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Biden Admin Weighing EV Subsidy Tweaks That Could Benefit China: REPORT Nick Pope on November 28, 2023 The Biden administration is considering altering electric vehicle (EV) tax credit standards in …
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By Eliana Raszewski BUENOS AIRES (Reuters) – Argentina has a $12 billion energy conundrum: what to do about state subsidies that keep prices at a minimum for two-thirds of consumers, …
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DAVID BLACKMON: Do Big Wind Project Cancellations Signal Peak Subsidy Has Been Reached? David Blackmon on November 4, 2023 The last few months have seen a parade of troubling news …
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By Philip Blenkinsop BRUSSELS (Reuters) – The European Union will seek this week to ward off the return of Trump-era metals tariffs and to lessen the negative impact on the …
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KUALA LUMPUR (Reuters) – Malaysia expects to save at least $1 billion to $2 billion a year from a shift to a targeted subsidy system in a bid to narrow …
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By Nichola Groom (Reuters) – A fleet of U.S. offshore wind projects central to President Joe Biden’s climate change agenda may not move forward unless his administration eases requirements for …
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By MacDonald Dzirutwe LAGOS (Reuters) – Nigeria is turning to gas as an alternative fuel after it scrapped a popular but costly subsidy on petrol that has seen pump prices …
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By Felix Onuah ABUJA (Reuters) – Nigeria has saved over 1 trillion naira ($1.32 billion) in just over two months by scrapping a popular but costly subsidy on petrol and …
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By Shadia Nasralla LONDON (Reuters) – One of Europe’s main markets for gasoline has shrunk, threatening to squeeze European refiners, after Nigeria removed fuel subsidies, which destroyed much of the …
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(Reuters) – Intel and the German government are close to an agreement for the chipmaker to receive 9.9 billion euros ($10.83 billion) in subsidies, up from a previously agreed 6.8 …
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SEOUL (Reuters) – The U.S. secretary of commerce and her South Korean counterpart agreed to “minimise uncertainties” of chipmakers’ investments amid new U.S. semiconductor subsidies, Korea’s industry ministry said on …
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By Foo Yun Chee BRUSSELS (Reuters) -The European Union on Tuesday agreed a 43 billion euro ($47 billion) plan for its semiconductor industry in an attempt to catch up with …
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BRUSSELS (Reuters) – The U.S. Treasury Department is expected to give guidance on Friday on tax breaks for consumers buying electric vehicles and Europe’s auto sector and policymakers will be …
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Union Joe? Biden’s Foreign Mining Subsidy Scheme Riles Organized Labor Mary Lou Masters on March 23, 2023 Labor unions in the U.S. are pushing back against President Joe Biden for …
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BERLIN (Reuters) – The European Union wants to avoid a subsidy race against the United States and does not want to fare behind Mexico or Canada as a trading partner, …
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By Jan Strupczewski BRUSSELS (Reuters) – Plans by the European Commission to create new European Union funding for the green industry are facing mounting opposition in the 27-nation bloc, as …
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SHANGHAI (Reuters) – China’s decision to end a more than decade-long subsidy for electric vehicle purchases has forced automakers, including Tesla, to deepen discounts to maintain sales as demand eases …
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SHANGHAI (Reuters) – Leading Chinese electric car manufacturer BYD Co has adjusted its product prices starting from Jan. 1, citing the impact of reduced subsidies for new energy vehicles since …
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LISBON (Reuters) – Portugal’s government approved a one-off subsidy of 240 euros for over a million poor families, whose purchasing power is being hard hit by soaring inflation, Labour Minister …
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By Nikunj Ohri New Delhi (Reuters) – India’s spending on subsidised foodgrain to the poor may rise to 2.7 trillion rupees ($32.74 billion) this fiscal year, as the government continues …
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BRUSSELS (Reuters) -The EU will adapt its state aid rules to prevent an exodus of investment triggered by a new U.S. green energy subsidy package, the bloc’s chief executive said …
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PARIS (Reuters) – France may try to negotiate some exemptions from the duties and limits imposed by the U.S. anti-inflation act but Europe must act to protect the bloc’s economic …
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MADRID (Reuters) – The chief of Volkswagen’s Spanish unit SEAT said on Thursday he is “optimistic” in finding “solutions” with national and regional authorities regarding the subsidy offer it received …