Exxon and Chevron Report More Modest Profits as Oil Prices Ease
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.
Canada Lands Volkswagen Battery Plant With Billions in Subsidies
Prime Minister Justin Trudeau said the assistance was needed to offset incentives offered by the United States.
Canada Lands Volkswagen Battery Plant With Billions in Subsidies
Prime Minister Justin Trudeau said the assistance was needed to offset incentives offered by the United States.
Electric Vehicle Tax Credit Rules Create ‘Chaos for Consumers’
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.
U.S. Car Brands Will Benefit Most From Electric Car Tax Breaks
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.
These Tiffs Over Electric Vehicles Are Not What They Seem
Competition, not cooperation, has driven the bulk of climate progress over the past few years.
New Rules Will Make Many Electric Cars Ineligible for Tax Credits
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.
Lawmakers Rebuke Biden for Bypassing Congress in Deal With Japan
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.
Biden and E.U. Leader to Discuss Ukraine and Trade Spat
President Biden and the European Commission president are set to discuss how to effectively counter Russia and a potential trade deal for electric vehicles.
U.S. and Europe Angle for New Deal to Resolve Climate Spat
American and European officials are trying to reach agreement on the outlines of a limited trade deal that could help resolve a major rift over America’s new climate legislation.