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☆ How Biden hopes to recapture voters scarred by inflation
▼ + stars: | 2024-03-12 | by ( Ron Brownstein | Analysis Ronald Brownstein | ) edition.cnn.com time to read: +14 min

A majority of Hispanics, and even a plurality of Black voters, said Biden’s policies would cause inflation to rise, the survey found. You can’t not make the contrast and comparison.”These negative retrospective assessments of the Biden and Trump economic records create huge headwinds for the president. “Voters—even past Biden voters who disapprove of his economic record—clearly reject what Trump and Republicans are offering,” Democratic pollster Margie Omero said in an email. After voters were exposed to Biden’s populist arguments, assessments of his economic record improved in the group’s polling, Clark said. But even after hearing that case, most voters in the group’s surveys still gave Biden negative marks for his economic performance, the study found.

Persons: Joe Biden, Donald Trump, Trump, Biden, Biden –, “, ”, Danielle Deiseroth, West Virginia Sen, Joe Manchin, Shawn Fain, Evelyn Hockstein, Adam Green, Michael Tyler, Republican pollster Micah Roberts, It’s, Jim McLaughlin, ” McLaughlin, Roberts, ” Roberts, can’t, ” Tyler, Margie Omero, ’, Bobby Clark, Clark Organizations: CNN, GOP, Trump, Teamsters, Democratic, ACA, West, United Auto Workers, Biden, CNBC, Social Security, Republican, White, NBC News, New York Times, Siena College, CBS, Union, “ Locations: Wisconsin, Michigan, Belleville , Michigan, Scranton , Pennsylvania, Democratic, State, Biden’s

Yellen will tour a Livent Corp (LTHM.N) facility in Bessemer City, North Carolina, that processes lithium hydroxide, a key ingredient in electric vehicle batteries. The plant near Charlotte is doubling its capacity due to increased demand for electric vehicles spurred by consumer tax credits of up $7,500 approved in the 2022 Inflation Reduction Act. These include $142 billion in EVs and batteries and $71 billion in clean energy manufacturing, and she attributed much of the investment to tax credits in the inflation reduction act. The Biden administration in coming days is expected to release new guidance on the levels of Chinese content that EV batteries can have and still qualify for IRA tax credits. It will take time for this to fade and for people to feel the benefits of higher wages, he added.

Persons: Janet Yellen, Joe Biden, Yellen, Biden, Donald Trump, Larry Sabato, we're, Sabato, David Lawder, Howard Schneider, Chizu Organizations: . Treasury, U.S, Livent Corp, Midwest, EV, University of Virginia's Center, Politics, Thomson Locations: North Carolina, Bessemer City , North Carolina, Charlotte, EVs, Argentina, Canada, U.S

The White House said it was sending a climate team, including Special Envoy John Kerry, climate adviser Ali Zaidi and clean energy adviser John Podesta. Biden has called climate change the “ultimate threat to humanity.”Earlier this month, he released an assessment on the state of climate change in America and said the issue was impacting all regions in the U.S. “Not just some, all,” he said. “Anyone who willfully denies the impact of climate change is condemning the American people to a very dangerous future,” he said. Under his tenure, the U.S. passed the Inflation Reduction Act, America’s most significant response to climate change, and pushed toward more clean energy manufacturing. The act aims to spur clean energy on a scale that will bend the arc of U.S. greenhouse gas emissions.

Persons: Joe Biden, John Kerry, Ali Zaidi, John Podesta, “, ”, Angelo Fernández Hernández, ” Biden, It's, al, Jaber, Biden Organizations: WASHINGTON, White, United Nations, “ Conference, United Arab Emirates, Abu Dhabi National Oil Co Locations: Dubai, Africa, Ukraine, Israel, Eastern Europe, Abu Dhabi, America, U.S

☆ Joe Manchin enraged Democrats and climate activists, but they'll miss him when he's gone
▼ + stars: | 2023-11-15 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +4 min

His stance on fossil fuels put him at odds with his party and he was frequently blamed for single-handedly quashing some of the Biden administration's most ambitious climate policy goals. Even as West Virginia overwhelmingly voted for former President Donald Trump in the 2016 and 2020 elections, Manchin easily won reelection in 2018. With Manchin gone, his successor will almost certainly be a Republican — most likely West Virginia Gov. Thanks to his GOP credentials and embrace of Trump, he's even less likely to be a climate ally than Manchin. Democrats, whose Senate majority is already slim, could lose that Senate seat for the foreseeable future — making any climate bills that much harder to pass.

Persons: Sen, Joe Manchin, Manchin, Democratic Sen, Joe Biden's, he's, Katie Myers, Grist, Paul Bledsoe, Chuck Schumer, Gerry Petrella, Schumer, Donald Trump, Jim Justice, — Organizations: Republican, Service, Democratic, GOP, Energy, Natural Resources Committee, Biden, American University's Center, Environmental, E, Democrat, Virginia Gov, Trump Locations: West Virginia, United States, Virginia

☆ Opinion | The U.S. Can Counter China’s Control of Minerals for the Energy Transition
▼ + stars: | 2023-11-06 | by ( James Morton Turner | ) www.nytimes.com time to read: +2 min

But most observers read China’s move as a warning shot in an increasingly high-stakes trade skirmish, as China, the United States and the European Union explore the new geopolitics of advanced manufacturing and a clean-energy transition. China’s leverage over the global critical minerals supply explains why the particulars of the Inflation Reduction Act are so important. It does this, in part, by providing generous incentives for domestic production of critical minerals, battery components and batteries. For a vehicle to be eligible for the subsidy, in addition to meeting price caps, final assembly must take place in North America, and an increasing percentage of the critical minerals and battery components must be sourced from North America or, in the case of critical minerals, from free-trade partners. So as the United States expands investments in clean energy manufacturing, its dependency on global supply chains, dominated by China, will only grow.

Persons: Biden Organizations: European Union, China, Treasury Department, Wellesley College Locations: China, United States, European, North America

☆ Fact check: The first Republican presidential debate of the 2024 election
▼ + stars: | 2023-08-23 | by ( Cnn Staff | ) edition.cnn.com time to read: +16 min

CNN —Eight candidates for the Republican nomination for president took the stage for the first GOP debate Wednesday night in Milwaukee. (In June 2020, he announced a plan for schools to reopen for the next school year that began in August. In April 2020, the unemployment rate spiked to 14.7% — the highest level since monthly records began in 1948. It reached a 66-year low during certain months of 2019, at 3.4% in April and 3.6% in August, but by December 2020, unemployment for women was at 6.7%. That deal was negotiated by special counsel David Weiss, who was first appointed to the Justice Department by former President Donald Trump.

Persons: Ron DeSantis, DeSantis, Daniel Dale Nikki Haley, Nikki Haley, “ Donald Trump, Trump, Daniel Dale, Katie Lobosco Burgum, Doug Burgum, –, Goldman Sachs, Ella Nilsen Tim Scott, South Carolina Sen, Tim Scott, Biden, ” Scott, Scott’s, don’t, Tara Subramaniam Scott, ’ Scott, Joe Biden, they’re, Kevin McCarthy, Merrick Garland, ”, Garland, CNN’s Hannah Rabinowitz Haley, Haley, CNN’s Haley Britzky Pence, Mike Pence, “, Obama, CNN’s Haley Britzky Christie, Hunter Biden, Chris Christie, Biden’s son Hunter Biden, Christie, David Weiss, Donald Trump, CNN’s Marshall Cohen Scott, Burgum, Scott, Katie Lobosco Organizations: CNN, Republican, GOP, “, New, New York Tri, State, Trump, South, United Nations, Social Security, Dakota Gov, American Clean, Republicans, DOJ, Justice Department, National School, Department, Defense Department, of Foreign Relations, Former New Jersey Gov, US, IRS, Treasury Locations: Milwaukee, Florida, Broward, Palm, New York, Connecticut , New Jersey, Louisiana, South Carolina, China, United States, Covid, Ukraine, Estonia, Latvia, Lithuania, Poland

☆ One year on, Biden still needs to explain his signature clean energy legislation
▼ + stars: | 2023-08-16 | by ( Jarrett Renshaw | ) www.reuters.com time to read: +6 min

REUTERS/Leah Acquire Licensing Rights Read moreAug 16 (Reuters) - U.S. President Joe Biden on Wednesday marks the first anniversary of signing his signature clean energy legislation called the Inflation Reduction Act by leading a campaign to better explain to Americans what, exactly, it does. Twelve months after it passed, the law commonly referred to as the IRA, like most major U.S. legislation, is drawing mixed reviews. Meanwhile, many Americans, even those who support Biden, don't know much about it, according to Reuters opinion polls. Biden has expressed regret at calling the bill the Inflation Reduction Act. "Voters hear the Inflation Reduction Act, but they do not see their grocery bills coming down.

Persons: Joe Biden, Leah, Biden, Democrat Biden, Donald Trump, Moody's, MARK Biden, Goldman Sachs, WHAT'S, Jimmy Siegel, Jarrett Renshaw, Nichola Groom, Moira Warburton, Heather Timmons, Grant McCool Organizations: Infrastructure Law, White, REUTERS, Democrat, U.S, Republican, LOVE, Wall Street, Bank of America, Democrats, Credit Suisse, University of Pennsylvania’s Wharton Business School, Reuters, Washington Post, University of Maryland, White House, Democratic, Thomson Locations: Washington , U.S, U.S, Utah

WASHINGTON, Aug 16 (Reuters) - U.S President Joe Biden on Wednesday used the first anniversary of his signature Inflation Reduction Act to pitch the landmark clean-energy law as an economic powerhouse to a public that remains largely unaware of its contents. The legislation, Biden said, has shifted production of critical components away from China and into the United States. [1/3]U.S. President Joe Biden delivers remarks during an event to celebrate the anniversary of his signing of the 2022 Inflation Reduction Act legislation, in the East Room of the White House in Washington, U.S., August 16, 2023. The bill's name, the Inflation Reduction Act, helped solve a political problem for Democrats who were concerned that voters would punish them for soaring prices in the 2022 congressional elections. "Voters hear the Inflation Reduction Act, but they do not see their grocery bills coming down.

Persons: Joe Biden, Biden, Moody's, Kevin Lamarque, MARK Biden, WHAT'S, Jimmy Siegel, Jarrett Renshaw, Nichola Groom, Moira Warburton, Heather Timmons, Grant McCool, Jonathan Oatis, Andy Sullivan Organizations: Biden, LOVE, Wall, Bank of America, White, REUTERS, Democrats, Reuters, Washington Post, University of Maryland, White House, Democratic, Thomson Locations: China, United States, U.S, Asia, Europe, Washington , U.S

☆ Biden takes his reelection pitch to Wisconsin, a state Republicans are wooing in 2024
▼ + stars: | 2023-08-15 | by ( Emma Kinery | ) www.cnbc.com time to read: +3 min

President Joe Biden spoke in Milwaukee, Wisconsin on Tuesday, a week before Republicans meet there for their first presidential debate. "Look folks, it's really kind of basic: We just decided to invest in America once again," Biden said in Wisconsin. Wisconsin is a key battleground state that Biden won in 2020, but which former President Donald Trump won in 2016. In an unusual move, the Biden reelection campaign also issued a statement on his Wisconsin trip, criticizing Republicans' track record in the state. Biden spoke with Hawaii Governor Josh Green and FEMA Administrator Deanne Criswell on the plane ride to Wisconsin.

Persons: Joe Biden, Biden, Olivia Dalton, Donald Trump, Trump, MAGA, Kevin Munoz, Dalton, Jill, we've, I've, Josh Green, Deanne Criswell Organizations: White, House, Wisconsin, Biden, Hawaii, FEMA Locations: Delaware, Washington , U.S, Milwaukee , Wisconsin, Wisconsin, America, Ingeteam, Milwaukee, Hawaii, Maui

☆ Biden's climate law has led to 86,000 new jobs and $132 billion in investments, new report says
▼ + stars: | 2023-08-14 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +3 min

More than 270 new clean energy projects have been announced since the passage of the Inflation Reduction Act (IRA), with private investments totaling $132 billion, according to the report. These investments are expected to be accompanied by more than 86,000 jobs, including 50,000 jobs related to electric vehicles. The Inflation Reduction Act “is not only working to strengthen supply chains but also to boost domestic manufacturing and create new jobs,” Bank of America said in the report. The nearly $370 billion clean energy and climate package, which passed on a party-line vote, was the largest climate investment in US history. The law is driving the most clean energy job growth in Georgia, South Carolina, Nevada and Tennessee.

Persons: it’s, Joe Biden, Biden, ” Organizations: New, New York CNN, of America, ” Bank of America, White, Bank of America, Washington Post Locations: New York, EVs, Georgia , South Carolina , Nevada, Tennessee, Wisconsin

Just as important will be persuading people like Mr. Marohn that electric cars, renewable energy and electric heaters and stoves are practical, economical and exciting. Many, conservatives in particular, chafe at the prospect of the government forcing them to buy electric cars or ditch their natural gas appliances, polls show. By The New York TimesA clean energy future will require painstaking and individually tailored persuasion campaigns. “Even if some of them deny the science of climate change, they can’t deny good-paying jobs,” he said. “I just want to change the perception that electric cars are not as good as big, noisy muscle cars,” Mr. Lawson said.

Persons: Mikey Marohn, “, ”, Marohn, Alicia Cox, Cox, , chafe, Jesus, Ms, ” “, Jae Landreth, “ That’s, “ Nobody’s, Mr, Landreth, Phil Collins, Rob Leach, Leach, ‘, “ I’ve, Jack Conness, Biden, Jennifer Granholm, Granholm, Vladimir V, Putin, Sue Burns, Burns, Marjorie Taylor Greene, William Turner, didn’t “, Jason Walsh, Walsh, Tia Williams, Ms . Granholm, ” Ms, Williams, Joe Wilson, ” “ Didn’t, Roy Cooper of, Cooper, Patrick Lawson, Ford, Lawson, Lawson’s, Susan Lawson, Cheryl, Tesla, They’re, Kent Wheeler, “ It’s, ’, Josh Hermes, Paul Rosenzweig, Rosenzweig, Mary T, Barra, ” Kenneth Boswell, Quinton Lucas, Lucas, ” Mr Organizations: Clean, Biden, General Motors, nonbelievers, Republican, Pew, The New York Times, Pew Research Center, Toyota, Clean Energy Manufacturing, Energy Innovation, Trump, Trump Biden, Savings, Yale, Pontiac, BlueGreen Alliance, Democratic, Georgia Institute of Technology, Mr, Republicans, Flex, Gov, Northern Arapaho Tribe, Tesla, Rocky Mountain Rebels, Elks, Wild West EV, Polaris, Northern Arapaho, Chevy Silverado, Mercedes, Benz, Alabama Department of Economic and Community Affairs, Kansas City, Fire Department Locations: Teton, Wyoming, Yellowstone, Baldwin City, Kan, Kansas City, G.O.P, Counties, Russia, Memphis, South Carolina, Georgia, Tennessee, Murfreesboro, Tenn, Dalton, Ga, Roy Cooper of North Carolina, Riverton, Jackson, Minnesota, Louisiana, Alabama, Missouri, Quinton Lucas , Kansas, Kansas

☆ At at former Solo cup factory turned wind tower plant, Biden showcases a green energy revolution
▼ + stars: | 2023-08-09 | by ( Emma Kinery | ) www.cnbc.com time to read: +1 min

U.S. President Joe Biden delivers remarks on the economy at Arcosa, a wind tower manufacturing facility, in Belen, New Mexico, August 9, 2023. President Joe Biden visited a former Solo cup factory that has been renovated into a wind tower plant in Belen, New Mexico on Wednesday, where he hailed his green energy economic plan at a groundbreaking for the new facility. "For the longest time we've been told to give up on American manufacturing — that it can't happen again," Biden said. The event at the wind tower plant coincided with the year anniversary of the signing of the Chips and Science Act and the Inflation Reduction Act, which was signed a week later. The White House said that after the passage of the Inflation Reduction Act, Arcosa received $1.1 billion in new wind tower orders, prompting it to build this new plant.

Persons: Joe Biden, we've, Biden, I've, Arcosa Organizations: Chips, Science Locations: Arcosa, Belen , New Mexico, America, United States, Arizona

☆ Biden highlights economic transformation at New Mexico wind tower plant
▼ + stars: | 2023-08-09 | by ( Nandita Bose | ) www.reuters.com time to read: +2 min

[1/4] U.S. President Joe Biden delivers remarks on the economy at Arcosa, a wind tower manufacturing facility, in Belen, New Mexico, U.S., August 9, 2023. REUTERS/Jonathan ErnstBELEN, New Mexico, Aug 9 (Reuters) - U.S. President Joe Biden took his economic pitch to New Mexico on Wednesday to boast how his signature legislation helped turn a previously shuttered facility into a wind tower manufacturing facility. Biden said previous administrations promised to invest in U.S. manufacturing, only to see jobs and capital move abroad. Antonio Carrillo, CEO of Arcosa (ACA.N), said his company and the wind power industry were struggling before the infusion of new funds from Washington. After the IRA passed, he said he received its biggest order for wind towers.

Persons: Joe Biden, Jonathan Ernst BELEN, Biden, invigorate, ” Biden, Antonio Carrillo, Nandita Bose, Jeff Mason, Jarrett Renshaw, Simon Cameron, Moore, Jonathan Oatis Organizations: REUTERS, Democrat, Republican, Reuters, Thomson Locations: Arcosa, Belen , New Mexico, U.S, New Mexico, American, America, Washington

Earlier this month, U.S. Treasury Secretary Janet Yellen said contributions from Beijing could boost U.N. climate funds. It has, however, signalled a willingness to offer climate finance to developing countries through different instruments, like a South-South Climate Cooperation fund it launched in 2015. And the United States hopes that China will unveil its domestic plans to tackle the issue before the next U.N. climate conference in December. Global emissions levels have only risen since. The United States tends to look at overall national emissions, ignoring both historical emissions and the per-capita breakdown.

Persons: Janet Yellen, Donald Trump's, Joe Biden, John Kerry, Xie Zhenhua, Kerry, Xie, David Stanway, Katy Daigle, Jacqueline Wong Organizations: European Union, Treasury, Climate Cooperation, Technological, Biden, Kerry, Microvast Holdings, Global, European, Thomson Locations: BEIJING, China, United, Beijing, U.S, U.N, Rio de Janeiro, United States, Xinjiang, Paris, Glasgow, 1.5C, European Union, COP28, Dubai, Singapore

☆ Factbox: Flurry of US-India deals on AI, defense as Biden, Modi meet
▼ + stars: | 2023-06-22 | by ( Jarrett Renshaw | ) www.reuters.com time to read: +4 min

The following is a roundup of the major announcements:VISASThe Biden administration will make it easier for Indians to live and work in the United States. The United States intends to open new consulates in Bengaluru and Ahmedabad. India is opening a new consulate in Seattle this year and will soon announce two new consulates in the United States. The MQ-9Bs will be assembled in India, a joint statement said, and U.S. manufacturer General Atomics will also establish new facility in India. ADVANCED COMPUTINGIndia and the United States established a Joint Indo-U.S. Quantum Coordination Mechanism to facilitate joint research between the public and private sectors across both countries.

Persons: Narendra Modi, Joe Biden, Biden, Katherine Tai, Vikram Solar, Electric's, General Atomics, Atomics, Jarrett Renshaw, Heather Timmons, Grant McCool Organizations: Indian, U.S, The State Department, United, INDIA, Micron Technology, Micron, United States Trade, World Trade Organization, Minerals Security Partnership, European Union, India’s Epsilon Carbon, VSK Energy, JETS, Hindustan Aeronautics Ltd, Indian Air Force, GE Aerospace's, Tejas, GE, Reuters, SPACE, Artemis Accords, NASA, International Space Station, Thomson Locations: Washington, United States, U.S, Bengaluru, Ahmedabad, India, Seattle, Gujarat, US, Colorado, China, SPACE India

☆ Opinion | Even in Texas, You Can’t Stop the Green Revolution
▼ + stars: | 2023-06-14 | by ( David Wallace-Wells | ) www.nytimes.com time to read: +3 min

It is no longer clean energy that requires political interventions for survival. And when American investors are drawn to opportunities, they find themselves overwhelmingly in red states like Texas. Nearly a hundred new clean energy manufacturing facilities or factory expansions have been announced since the bill, marking more than $70 billion in new investment, according to Canary Media. This is the rundown offered by the former director of President Biden’s National Economic Council, Brian Deese, last month:Companies have announced at least 31 new battery manufacturing projects in the United States. In energy production, companies have announced 96 gigawatts of new clean power over the past eight months, which is more than the total investment in clean power plants from 2017 to 2021.

Persons: Brian Deese, decarbonization Organizations: Bloomberg, Republicans, Democrat, Canary Media, Economic Council, Companies Locations: Texas, There’s, United States

☆ Italy's Enel to invest more than $1 billion in an Oklahoma solar panel factory
▼ + stars: | 2023-05-22 | by ( ) www.cnbc.com time to read: +2 min

Italy's Enel said on Monday it will invest more than $1 billion in a solar cell and panel factory in Oklahoma, seeking to capitalize on the U.S. push to build a homegrown clean energy manufacturing sector to compete with China. The facility will be among the largest to produce solar equipment in the United States, where most projects are built with imported panels. It is also one of the first U.S. factories to produce silicon-based solar cells on a large scale. The investment is one of the biggest in solar manufacturing since the passage of U.S. President Joe Biden's landmark climate change law, the Inflation Reduction Act (IRA), last year. Enel, which had first said last year it planned to build a U.S. solar factory, selected a site in Inola, Oklahoma, near Tulsa.

☆ Italy's Enel to invest more than $1 bln in Oklahoma solar panel factory
▼ + stars: | 2023-05-22 | by ( Nichola Groom | ) www.reuters.com time to read: +3 min

[1/2] A logo of Italian multinational energy company Enel is seen at the Milan's headquarters, Italy, February 5, 2020. The facility will be among the largest to produce solar equipment in the United States, where most projects are built with imported panels. It is also one of the first U.S. factories to produce silicon-based solar cells on a large scale. The investment is one of the biggest in solar manufacturing since the passage of U.S. President Joe Biden's landmark climate change law, the Inflation Reduction Act (IRA), last year. Enel, which had first said last year it planned to build a U.S. solar factory, selected a site in Inola, Oklahoma, near Tulsa.

☆ Biden's clean energy factory jobs may elude U.S. union workers
▼ + stars: | 2023-03-06 | by ( Nichola Groom | ) www.reuters.com time to read: +9 min

Right to work laws allow employees to work in union-represented workplaces and be covered by collective bargaining agreements without joining a union or paying dues. American products, he vowed, would be made with union labor. Union labor. Many of the jobs created will be union jobs, the official added. "It's not a favorable environment, but we can still organize," Samantha Smith, senior adviser for clean energy jobs at the AFL-CIO, said in an interview.

☆ IEA says clean energy manufacturing set for substantial growth as world enters 'new industrial age'
▼ + stars: | 2023-01-12 | by ( Anmar Frangoul | ) www.cnbc.com time to read: +2 min

The world's second largest economy is a major force in technologies crucial to the planned energy transition. "The related clean energy manufacturing jobs would more than double from 6 million today to nearly 14 million by 2030," the IEA said, "and further rapid industrial and employment growth is expected in the following decades as transitions progress." Its report highlighted "potentially risky levels of concentration in clean energy supply chains — both for the manufacturing of technologies and the materials on which they rely." China, it said, was dominating both the production and trade of "most clean energy technologies." "Meanwhile, a great deal of the mining for critical minerals is concentrated in a small number of countries," it added.

☆ The U.S. passed a historic climate deal this year — here's a recap of what's in the bill
▼ + stars: | 2022-12-30 | by ( Emma Newburger | ) www.cnbc.com time to read: +11 min

The IRA's provisions have major implications for clean energy and manufacturing businesses, climate startups and consumers in the coming years. As 2022 comes to a close, here's a look back at the key elements in the legislation that climate and clean energy advocates will be monitoring in 2023. Taking aim at methane gas emissionsSome pumpjacks operate while others stand idle in the Belridge oil field near McKittrick, California. Mario Tama | Getty ImagesThe package imposes a tax on energy producers that exceed a certain level of methane gas emissions. And the bill has a hydrogen production tax credit, which provides hydrogen producers with a credit based on the climate attributes of their production methods.

U.S. Treasury Secretary Janet Yellen met with 17 industry groups representing more than 1,000 firms in the clean energy supply chain, more than 2,000 utilities and more than 1 million American workers, a Treasury official said. The Treasury guidance will tell companies how they can take advantage of clean energy tax credits in the Inflation Reduction Act. The incentives are crucial for companies seeking to invest in solar and wind power, electric vehicles, clean energy manufacturing, and energy efficiency. The act extends 30% tax credits for wind, solar, and other renewable energy sources, and offers incentives for carbon capture and tax credits of up to $7,500 on zero-emission electric vehicles. The roundtable follows Treasury's issuance of six notices requesting public comments on topics such as tax credits for wind, solar and nuclear power, incentives for energy-efficient homes and clean vehicle credits.

☆ Mukesh Ambani prepares to hand Reliance Industries to his children
▼ + stars: | 2022-08-30 | by ( Diksha Madhok | ) edition.cnn.com time to read: +4 min

New Delhi CNN Business —Indian billionaire Mukesh Ambani has laid out plans to hand his sprawling business empire to his children, while insisting he has no intention of retiring any time soon. He launched Reliance Jio as a mobile network in 2016. They sell everything from smartphones to groceries through various eponymous brands, including Reliance Fresh, Reliance Digital and Reliance Trends. The company is also working with Google (GOOGL) to develop “ultra-affordable 5G smartphones for India,” Ambani said. When Ambani launched Jio, India had fewer than 350 million internet users.

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