The U.S. has reached an “inflection point” that demands “swift and decisive action” to reverse erosion of industrial capacity and tech leadership, warns a major new report from the nonprofit Securing America’s Future Energy. Why it matters: “The rise of China as a global economic and military competitor presents one of the most existential challenges the United States has […]
Financial Times: Trump budget reduces support for US minerals despite trade concerns
The 10 per cent production relief was a component of the Biden-era Inflation Reduction Act. Unlike other incentives for clean technologies in that bill, tax credits for critical minerals were supposed to be permanent, to account for their importance in making semiconductors, drones and electric vehicles — as well as their lengthy start-up processes. Now, […]
Politico: Trump taps official for critical minerals role
Joshua Kroon, a senior director of public affairs at the nonprofit SAFE, has been tapped to serve in the Trump administration in a role focused on critical minerals as President Donald Trump ramps up efforts to ease China’s control over global raw materials. Kroon will serve as deputy assistant secretary for textiles, consumer goods, materials, […]
E&E News: Tech giants want their say in megabill tax credit fight
Several groups — including the American Critical Minerals Association, the Battery Materials & Technology Coalition, Clean Energy for America, the Conservative Energy Network, Impact Capital Managers, Securing America’s Future Energy and the Solar Energy Industries Association — fired off a new letter Monday calling for changes to the House bill. SAFE is also running an […]
Politico Morning Energy: Industry Hones IRA Asks
INDUSTRY HONES IRA ASKS: Seven energy industry groups urged Senate leaders Monday to rethink changes to the Inflation Reduction Act’s clean electricity investment tax credit, which they said is “effectively” eliminated by the House-passed megabill. The letter — shared first with ME — argues the House bill would “freeze investment in hundreds of gigawatts” of energy projects, particularly […]
