No country has had more export success than China. But Beijing faces risks in turning to the tested method of selling more abroad.
About 80 percent of new cars sold in Norway are battery-powered. As a result, the air is cleaner, the streets are quieter and the grid hasn’t collapsed. But problems with unreliable chargers persist.
The oil industry enjoyed record profits in 2022 after Russia invaded Ukraine, but the prices of oil and natural gas have fallen sharply in recent months.
Prime Minister Justin Trudeau said the assistance was needed to offset incentives offered by the United States.
Prime Minister Justin Trudeau said the assistance was needed to offset incentives offered by the United States.
Buying an electric car has become much more complicated because of restrictions on which models qualify for a federal tax credit of up to $7,500.
Rules that take effect on Tuesday will limit the $7,500 credits to electric cars made domestically with minerals from the U.S. or trade allies.
Competition, not cooperation, has driven the bulk of climate progress over the past few years.
The Biden administration hopes its guidelines for up to $7,500 in tax credits will encourage automakers to reduce their reliance on China for batteries and raw materials.
The Democratic lawmakers called the Biden administration’s limited trade deal “unacceptable,” saying it should have been made available to Congress and the public for review.