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US Economy

Tai and Dombrovskis discuss US Inflation Reduction Act

TL/DR - US Trade Representative Katherine Tai met with the European Union's Executive Vice President Valdis Dombrovskis to discuss the U.S. Inflation Reduction Act, which the EU fears could disadvantage European companies due to its $369 billion in subsidies for clean technologies. The subsidies, which favor North American manufacturers and…

‘Free Riparian Buffer Program Targets Water Feature Protection’

TL/DR - The Riparian Buffer Program, supported by the Thomas Jefferson Soil and Water Conservation District, helps protect water features of landowners at no cost. The program focuses on implementing and maintaining buffers of native trees, shrubs and grasses that filter out pollutants and sediment from runoff, aiming to protect the water…

Westwater Resources: Graphite buyers ready to pay IRA premium

TL/DR - Westwater is building a battery-grade graphite processing plant in Alabama and has already signed an offtake agreement with South Korean EV battery manufacturer SK On. The company aims to establish a domestic industry for this critical material, which is currently dominated by China. The US government's decision to increase tariffs on…

EnerSys Stability Threatened by Tax Credit Doubts in Inflation Act

TL/DR - EnerSys has disclosed a new risk in the category of Taxation & Government Incentives, particularly regarding the realization of benefits from the Inflation Reduction Act’s Section 45X tax credits. The lack of finalized regulations puts the company's eligibility for these credits in question, potentially threatening EnerSys'…