The US Department of the Treasury and the Internal Revenue Service (IRS) have released final rules for the Clean Electricity Investment and Production Tax Credits.
Data released this week by American Clean Power Association (ACP) showed that, since mid-2022, US$500 billion of investment has been planned for clean energy production and generation projects in the US.
The Chinese government has requested the World Trade Organization (WTO) dispute consultations with the US over subsidies from the Inflation Reduction Act (IRA).