Heading into the election year, President Biden has gone on a parade of boasting about the supposed upturn in the economy. The 81-year-old president claims inflation and unemployment are down while predicting lower interest rates in the near future. Meanwhile, Americans are not as optimistic about economic growth leading...
Over the last three years, the Biden administration has strived to introduce strong climate
policies and accelerate the U.S. green transition. This began with the initial banning of new
oil and gas leases and continued with the introduction of a range of favorable climate
policies. While the U.S. is still a major...
As part of its aim to compete with China’s global green energy and clean technology
dominance, the U.S. government has big plans for the future of American microchip
manufacturing. Public and private spending in the sector has increased significantly over the last year and a half, while Biden looks to strengthen...
Shipping giant Maersk announced they would implement a shipping freeze in their trade routes in the Red Sea due to a high seas attack from Yemen-based Houthi militants. Despite the best efforts in the volatile Red Sea, the Israeli-Hamas conflict has spilled over to impact global trade, inflation, and...
On January 1st, a massive 7.6 magnitude earthquake struck a remote Japanese peninsula, causing a wave of devastation along the northwestern coast. In the wake of this disaster, a grim outlook overtook Japan’s recent resurging nuclear activity. While the aftermath and reparations take place, the Japanese people seem less...
As part of the Biden administration’s aim to accelerate the green transition in the U.S., the government is striving to support disadvantaged communities and spur economic growth. While traditional energy operations have mainly taken place in a select few hubs – centered around access to oil, gas and coal...
While the rest of the world is struggling to develop its wind capacity in the face of supply chain disruptions and rising material costs, the U.S. has big plans for the development of its wind energy sector. However, several challenges stand in the way of the U.S. achieving its...
Automakers are betting big on electric vehicles (EVs), backed by government pledges to phase out the sale of internal combustion engine (ICE) vehicles in favour of the less polluting EVs. And demand has been rapidly increasing as the market becomes more competitive, making EVs more affordable. However, there has...
As part of the Biden administration’s plan to increase U.S. manufacturing and decrease the country’s energy and clean tech component dependency on China, we can expect to see a boom in domestic lithium-ion battery manufacturing in the coming years. Many U.S. battery production facilities have been in the works...
The U.S. wants to strengthen its energy security through the development of diverse domestic energy operations and regional agreements. However, encouraging support for new projects needed to accelerate a green energy transition is proving difficult. Although the U.S has huge lithium reserves, most remain untouched due to state level...
