As the US prepares for its presidential election, the future of the Inflation Reduction Act (IRA) hangs in the balance. The IRA, which funds clean energy initiatives, is credited with the creation of numerous industrial projects in the state of Georgia.
Calls for Japan to prioritize renewable energy sources like wind and solar are increasing as the government reviews its energy plans. However, China's dominance of key components and technologies adds complexity.
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US Energy Secretary Jennifer Granholm emphasized the need for a national industrial strategy during a visit to Northern Nevada. She spoke about the Biden Administration's strategy to subsidize and incentivize new US manufacturing, which would stimulate economic activity and secure domestic supply lines. The strategy is centered on clean…