General Motors said Monday that it would get back the $1 billion it had invested in the battery plant. LG Energy Solution will complete the construction.
Gov. Gavin Newsom said that if Donald Trump eliminated the credit, he would propose restarting a rebate program that California had for zero-emissions vehicles from 2010 to 2023.
Fewer people will be able to afford electric cars and trucks if President-elect Donald J. Trump and Republicans in Congress eliminate a $7,500 federal tax credit.
Trump has said heβll repeal President Bidenβs climate law, but one North Carolina district shows how hard unwinding multibillion-dollar projects could be.
Construction of a new battery factory being built by Toyota in Liberty, N.C., part of a major investment in the area funded in part by the Inflation Reduction Act of 2022.
The Chinese delegation pavilion in Baku, Azerbaijan. Newly industrialized countries like China and India are part of an effort to secure trillions in climate financing.
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