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…
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…
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…
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,…
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…
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…
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…
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…
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…
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…
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…
(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…
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…
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…
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…
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…
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,…
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…
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…
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…
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…
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…
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…
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…
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…