Podcasts about us inflation reduction act

In this episode of the Battery Insiders podcast, Simon Engelke speaks with Julia Poliscanova about the current state and future of the battery industry in Europe. They discuss the geopolitical dynamics affecting battery production, the need for a European equivalent to the US Inflation Reduction Act, and the challenges faced by European gigafactories. The conversation also covers energy costs, the UK's role post-Brexit, the Critical Materials Act, and the importance of diversifying supply chains. Julia emphasizes the need for better policies to support local production and technology transfer, as well as the potential for Europe to become self-sufficient in lithium by 2030. The episode concludes with a discussion on the importance of alliances and partnerships in the global battery market.

Giyani Metals Corp (TSX-V:EMM, OTC:CATPF) CEO Charles FitzRoy talked with Proactive's Stephen Gunnion about the company's advancements in developing battery-grade manganese projects in Botswana. FitzRoy highlighted the commissioning of the demonstration plant in Johannesburg, capable of producing up to 600 kilograms per day of high-purity manganese sulfate monohydrate. This critical material is used in NMC electric vehicle batteries, aligning with growing global demand driven by policies like the US Inflation Reduction Act and the EU Critical Materials Act. He explained that the demonstration plant serves as a key phase for securing offtake agreements with OEMs. Testing will start in early 2024, with the first product batches leading to indicative terms by Q2. FitzRoy emphasised Giyani's strategic positioning to meet increasing demand for battery-grade manganese by 2027-2028, leveraging Botswana's favourable mining environment and the country's efforts to diversify its economy. “Botswana is a fantastic place to develop projects,” FitzRoy said, noting the country's quick approvals and focus on critical metals. Stay tuned for more updates from Giyani Metals Corp and the battery materials sector. For more videos, give this video a like, subscribe to Proactive's channel, and enable notifications for future content. #BatteryMetals #ManganeseMining #EVBatteries #GiyaniMetals #CharlesFitzRoy #BotswanaMining #SustainableMining #CriticalMinerals #GreenEnergy #ProactiveInvestors #proactiveinvestors #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

• Trump-Wahl: Was sind die drei wichtigsten Themen? • Zölle: Welche Folgen hat die Handelspolitik? • Welche Hausaufgaben hat nun Europa? • Was heißt das nach dem Koalitionsende für Deutschland? • Was wird aus dem US-Inflation-Reduction-Act? • ESG-Anlagen: Welche Folgen hat das Wahlergebnis? • Was wird das Investmentjahr 2025 unter Trump bringen?

Petri Redelinghuys from Herenya Capital Advisors on Sibanye-Stillwater's positive boost from the latest US Inflation Reduction Act update. Andries van Heerden, CEO of Afrimat, shares insights on the Lafarge integration — any unexpected developments? Gerhard le Roux from Capital Connect discusses the economic impact of Black Friday in South Africa, with expected spending at R88 billion.

Ask just about any EU leader who they want to win the US election on November 5, and you will hear a politically correct answer along the lines of “We will work with any US president to develop transatlantic ties”. However there is little doubt that many of them will be privately relieved if Vice-President Kamala Harris wins. She has drawn a clear line from her opponent, former president Donald Trump, on US engagement with the world and particularly on support for Ukraine. But it is not as if the current Biden-Harris administration has always been smooth for Europe: for example, the US Inflation Reduction Act and President Joe Biden's AUKUS pact with the UK and Australia have created tensions. If Trump does indeed defeat Harris in November, could the EU still work out some sort of arrangement with him? We put this question to two MEPs.

With elections on both sides of the Atlantic, 2024 is set to bring many changes to transatlantic relations. If the elections result in new leadership, priorities and strategies will shift, impacting trade and competitiveness policies.Launched in 2021, the Trade and Technology Council (TTC) aims to revitalise transatlantic cooperation through coordinated approaches to key global trade, economic, and technology issues. Both regions have strong incentives to collaborate, but the specifics will depend on the outcomes of the elections and the policies adopted by new or continuing leadership. Moreover, the EU and the US may seek to renegotiate or reaffirm trade agreements to face global competitors such as China.Listen to this Euractiv Virtual Conference to discuss what impact the upcoming US elections might have on transatlantic cooperation and how EU-US relations may develop in the coming years. Questions to be addressed include:- How might European multinationals and SMEs, production and exports be impacted by the US election outcome? Is there scope for reduced trade barriers?- What does industrial competitiveness mean for free trade? What role does the US Inflation Reduction Act play in transatlantic relations?- What scope is there for new agreements and collaborations, addressing supply chain disruptions and labour market challenges? And how does that fit with reducing dependencies on global competitors such as China?- What could be the implications of the upcoming US elections for EU security and defence, and the outcome of the war with Ukraine?

Ionic Rare Earths Ltd managing director Tim Harrison joins Proactive's Tylah Tully to discuss the company's new grant funding. The company has secured A$2.46 million in grants the UK Government and was chosen to lead a magnet recycling solution collaboration. IXR subsidiary, Ionic Technologies, has received £843,000 for the 'REEValuate' Project in partnership with Less Common Metals (LCM) and Vacuumschmelze (VAC), aimed at producing 100% recycled rare earth alloys for permanent magnets. The UK Government selected Ionic Rare Earths to lead the 'MAGNOSTIC' collaboration, which focuses on advanced demagnetisation solutions for end-of-life permanent magnets. This project, valued at £422,000, will be carried out with the Materials Processing Institute and Swansea University, with Ionic Rare Earths directly benefiting from £178,000 in funding. Harrison emphasised the importance of these collaborations in establishing sustainable rare earth supply chains in Western markets, aligning with global policies like the EU Critical Raw Materials Act and the US Inflation Reduction Act. The new funding will also support Ionic Technologies' demonstration projects, contributing to the development of a circular economy for critical raw materials. The company's recycling technology is advancing, with plans for significant magnet recycling activities through mid-2025. #ProactiveInvestors #ASX #IonicRareEarths #MagnetRecycling #UKGovernmentGrants #REEValuateProject #MAGNOSTICProject #Demagnetisation #CircularEconomy #RareEarthElements #CleanEnergy #CriticalRawMaterials #Sustainability #MagnetManufacturing #RareEarthRecycling #EndOfLifeMagnets #InnovateUK #WesternSupplyChains #SupplyChainPartnerships #ASXMining #MiningInnovation #EnergyTransition

In this two-part episode, host Richard Delevan digs in on critical minerals with Jeremy Wrathall, the founder and CEO of Cornish Lithium. As the UK and other nations navigate their climate goals, we explore how companies like Cornish Lithium are developing sustainable, domestic sources of lithium and other critical minerals essential for the green energy transition. With the recent Labour Party conference and discussions around industrial strategy, this conversation couldn't be more timely.And we bring back our panel including Ben Cooke, Earth Editor at The Times, Freya Pratty from Sifted, and Ben Kilbey of BOLD VOODOO for insights into policy, energy infrastructure, and the broader European context.Key Segments:[00:02:14]Jeremy explains why Cornish Lithium's designation as a Nationally Significant Infrastructure Project is crucial, and how the company aims to supply lithium for EV batteries and grid-scale energy storage.[00:04:07] The discussion turns to the broader lithium market, its fluctuations, and the role of UK and European supply chains, especially after challenges faced by companies like Britishvolt and Northvolt.[00:11:37]Jeremy and Richard discuss future innovations in battery technology, including solid-state batteries and the importance of securing local, low-carbon sources of critical minerals like lithium.[00:15:24] Jeremy touches on the need for governmental support in de-risking critical mineral investments, comparing UK policy to the US Inflation Reduction Act.[00:18:15]Insights into European supply chains, partnerships, and the strategic importance of lithium beyond the UK.[00:26:00] Richard is joined by Ben Cooke (The Times), Freya Pratty (Sifted), and Ben Kilbey (Bold Voodoo) to analyze Labour's climate policy, UK battery supply chain challenges, and Northvolt's recent setbacks.Links and Resources:Cornish Lithium: Learn more about the company Jeremy Wrathall leads, which is driving the UK's critical mineral extraction efforts. Cornish LithiumThe Times Earth Summit: Join Ben Cook and other experts in London for an in-depth look at climate and energy policy. Register for The Times Earth SummitSifted: Freya Pratty's coverage of climate tech startups and subscribe to her Climate Tech newsletter. Sifted.euSubscription Info:If you're enjoying Wicked Problems - Climate Tech Conversations, make sure to subscribe at wickedproblems.earth for ad-free episodes and early access to new content. Consider supporting the show with a paid subscription to help keep these conversations going. Hosted on Acast. See acast.com/privacy for more information.

There has been no shortage of the figures attesting to the cosmic transformation of the US Inflation Reduction Act (IRA) – the largest clean energy and climate legislation in US history since its passage in August 2022. Yet, two years on the IRA is at a critical juncture with the impending US elections potentially altering the contours of what has been a goldilocks era of clean energy regulation. To put this into perspective, Ehsan Khoman, Head of Research – Commodities, ESG and Emerging Markets (EMEA), delves into MUFG's latest ESG thought leadership report, titled, “US Inflation Reduction Act (IRA) two years on – How the US elections may alter the contours of the capex supercycle” (see here), in this week's podcast. Disclaimer: www.mufgresearch.com (PDF)

Markham interviews Leslie Chang, one of the Inflation Reduction Act authors and director of strategy and policy for Caelux, a California-based solar startup. 

A new study from Juniper Research, the foremost experts in smart city markets, found that the total amount of CO2 saved globally through renewable energy will grow by 25% over the next five years. These savings, compared to a fully non-renewable energy system, will rise from almost 2 Gt (Gigatonnes) in 2024. Continued growth in Renewable Energy The research found that international agreements, such as the Paris Agreement, are pushing the growth of the global renewable energy capacity and binding countries to spend on renewable energy technologies and commit to the clean energy transition. A large spike in spend is not predicted; rather a steady growth with careful energy management, whilst countries focus on expanding their capacity and reaching carbon neutrality goals. An extract from the new report, Global Renewable Energy Technology Market 2024-2029, is now available as a free download. Solar Power to Light the Way The research identified that various incentives, such as the US Inflation Reduction Act, will significantly accelerate private investment in solar. The Act offers significant support for solar expansion via measures such as tax credits, which will increase solar capacity by making private solar PV systems more accessible to consumers. Furthermore, solar energy is anticipated to benefit from several innovations, including pyramidal lenses. This passive technology captures light and focuses it on a single cell; removing the need for motorised panels that move with the sun and further reducing commercial installation costs. These advancements mean that solar capacity, and resultant CO2 savings will grow exponentially. The study projects that total CO2 saved by solar power will grow by 58% between 2024 and 2029, saving 0.61 Gt by 2029. About the Research Suite The new market research suite offers the most comprehensive assessment of the renewable energy technology market to date; providing analysis and forecasts of over 57,900 datapoints across 60 countries over five years. It includes a 'Competitor Leaderboard' and examination of current and future market opportunities. View the Renewable Energy Technology market research: https://www.juniperresearch. com/research/sustainability smart-cities/smart-cities/ renewable-energy-technology research-report/ Download the free sample: https://www.juniperresearch. com/resources/whitepapers/ harnessing-sustainable-energy for-a-digital-world/ See more breaking stories here.

The US Inflation Reduction Act will crowd in more than $3 trillion US dollars of investment over the next decade. The Future Made in Australia Act has been billed as Australia's response to the US IRA – but are taxpayer dollars better spent elsewhere?Today, we discuss climate finance and the role of government in de-risking climate investing. And we ask the ultimate question: can the market solve climate change? To answer this, we are joined by Blair Palese, director of philanthropy at Ethinvest, Australia's oldest ethical investment firm. Blair is also the founder of Climate Capital Forum, the global climate editor and managing director at Climate & Capital Media, and co-founded 350.org Australia.She joins host Rose Mary Petrass, senior journalist at FS Sustainability.

Send us a Text Message.Originally broadcast: April 7, 2023 ESG #14:  By 2030, renewables (mainly wind and solar power) are forecast to generate most of Europe's power and almost half the power in the US and China. Other sectors – like transportation and heavy industry – are also decarbonizing. What drives this energy transition away from fossil fuels toward cleaner energy sources and greater energy efficiency? New regulations are discouraging greenhouse gas emissions, and government policies and market forces are stimulating massive new investment in clean technologies and green energy. Energy security threats and price volatility associated with vulnerable fossil fuel supply chains and climate risks have become more evident. But inflation, rising interest rates and ambivalent politics are still capable of hindering this fundamental shift in how the planet generates and uses energy.In this new episode, The Energy Transition in Europe and the United States: “Blue Skies Ahead?,” Project, Energy and Infrastructure Finance Group partners Matt Brown and Allan Marks compare notes on the energy transition and the state of the market in the US, the UK and Europe. They analyze in detail some of the tailwinds accelerating green investment (including European climate regulations and the US Inflation Reduction Act), affected technologies (including green steel, natural gas and LNG, hydrogen, renewables, nuclear power, batteries and mining), and the role of different sources of capital (including cross-border investment, private credit funds, banks and tax equity). About the SpeakersMatt Brown is a partner in the Project, Energy and Infrastructure Finance Group, based in London. He represents sponsors, lenders, export credit agencies, and governments on all aspects of energy and infrastructure development and finance matters world-wide. He has a significant focus on energy transition matters (including battery gigafactories, battery storage, hydrogen and other green industrial projects) as well as oil and gas, LNG, and conventional and renewable power matters.Podcast host Allan Marks is one of the world's leading project finance lawyers. He advises developers, investors, lenders, and underwriters around the world in the development and financing of complex energy and infrastructure projects, as well as related acquisitions, restructurings and capital markets transactions. Many of his transactions relate to ESG and sustainability, innovative clean technologies, and sophisticated conFor more information and insights, follow us on social media and podcast platforms, including Apple, Spotify, Amazon Music, iHeart, Google and Audible.Disclaimer

Countries are under pressure to finalize and sign the text of the OECD's multilateral tax treaty, one part of the international tax deal known as Pillar One, by the end of June.  Several OECD officials, including Manal Corwin, director of the organization's Center for Tax Policy and Administration, have reported significant progress on finalizing the document. But negotiations have hit a snag. The problem area is treatment of another part of Pillar One, known as Amount B, that's meant to simplify the way businesses value intercompany marketing and distribution transactions. The US and India, in particular, have butted heads over whether the measure should be mandatory.  In this week's episode of Talking Tax, Bloomberg Tax reporter Lauren Vella sits down with Dr. Santiago Gomez Cifuentes, head of congressional affairs at the Colombian Embassy in Washington, to talk about progress made on the Organization for Economic Cooperation and Development-led deal and what's holding back the completion of Pillar One. Gomez Cifuentes is in close contact with the Colombian delegation to the OECD, and serves as a go-between representing Colombian interests in conversations with US lawmakers.  They also talk about Colombia's interest in the US Inflation Reduction Act and tax incentives that could boost mineral exports from Latin American countries. Produced by Matthew S. Schwartz.

Interview with Eric Zaunscherb, Chairman of Critical Elements Lithium (TSX-V:CRE), Terry Lynch, CEO of Power Nickel (TSX-V:PNPN) and Brendan Yurik, CEO of Electric Royalties (TSX-V:ELEC)Recording date: 16th April 2024The battery metals sector is at a critical juncture, with recovering demand and constrained supply fundamentals diverging from depressed equity valuations. This was the key takeaway from a recent roundtable discussion featuring the CEOs of Critical Elements Lithium (CRE.V), Power Nickel (PNPN.V), and Electric Royalties (ELEC.V).Lithium prices have pulled back significantly from their 2022 highs, but Eric Zaunscherb, CEO of Critical Elements, believes the market is bottoming. "We're already seeing a bottoming of the market in terms of the spot [prices] that everyone follows," he noted, pointing to the wide differential between reported spot prices and recent auction results. He sees structurally higher prices as necessary to incentivize new supply to meet growing EV and energy storage market demand.Critical Elements is advancing the Rose Lithium-Tantalum Project in Quebec, one of the most advanced large hard rock lithium projects globally. With a 17-year mine life and high-purity spodumene concentrate that could command a premium price, Rose is well-positioned to help fill the lithium supply gap. The company is finalizing project financing and aims to start construction this year.In the nickel market, Power Nickel CEO Terry Lynch sees a tale of two markets. The high-purity Class 1 nickel used in batteries trades at a premium in Europe and North America compared to the lower-grade material prevalent in the seaborne market. He believes nickel miners in Canada are insulated from price volatility, especially given the strict sourcing requirements for EV tax credits under the US Inflation Reduction Act.Power Nickel recently announced a potentially game-changing discovery at its NISK nickel-copper-PGM-gold project in Quebec. The Copernick Zone returned high grades over wide widths in initial drilling, and a feasibility study for a stand-alone refinery is also underway. Power Nickel could accelerate development by producing finished nickel and cobalt products.Electric Royalties offers a compelling option for investors seeking diversified exposure to the battery metals theme. The company has quickly assembled a portfolio of 71 royalties across 9 clean energy metals, with several expected to start generating cash flow in 2024. CEO Brandon Munro believes the company is significantly undervalued, with a market cap of less than C$30 million compared to expected annual royalty payments of C$7 million from just one asset.While risks remain, including a potential recession or renewed COVID lockdowns, the fundamentals for battery metals are clearly improving. Investors should focus on quality projects in stable jurisdictions with experienced management teams and look for opportunities to gain exposure at attractive valuations. Critical Elements and Power Nickel stand out for their high-grade, scalable projects in Quebec, while Electric Royalties offers diversification across a broad portfolio of advanced-stage royalties.With the electrification trend accelerating and supply struggling to keep pace, the disconnect between battery metal fundamentals and equity valuations appears unsustainable. As the market rerates, investors positioned in quality names could be rewarded with significant upside. The CEOs at the roundtable were unanimous in their bullish outlook - the question is not if, but when the market will reflect the underlying reality.—Learn more: https://cruxinvestor.com/companies/critical-elements-lithiumhttps://cruxinvestor.com/companies/power-nickelhttps://cruxinvestor.com/companies/electric-royaltiesSign up for Crux Investor: https://cruxinvestor.com

In this episode, we chat with Guy Winter, who is an Energy and Natural Resources Partner at Fasken, who are a leading international law firm providing practical and innovative legal services to solve the most complex business and litigation challenges faced by organisations in various industries including in the mining and resources industry. Guy's background is in M&A, Equity Capital Markets, Private Equity, Venture Capital, and Restructures, and advises clients across the entire battery minerals value chain. Today he talks about why the Mining Majors haven't done more deals in the critical minerals sector and what the deal landscape currently looks like in terms of asset classes and transacting parties. KEY TAKEAWAYS Mining majors have been hesitant to invest in critical minerals like lithium, nickel, and cobalt due to market volatility and lack of transparency in the battery minerals market. Non-traditional players such as Middle Eastern sovereign wealth funds, government-backed entities, and automotive manufacturers are increasingly investing in critical mineral projects. Governments are starting to understand the complexity of the mining industry, especially in critical minerals, and are developing strategies to support access to these materials. Differential pricing for ESG-compliant minerals is on the horizon, potentially creating a new funding market for projects that meet environmental, social, and governance standards. While stability is being reached in certain critical minerals like lithium and nickel, the future outlook for the remainder of 2024 remains uncertain, with bullish sentiments for copper and potential deficits in nickel by 2028. BEST MOMENTS "The collapse of the LME nickel market in 2022 caused seismic shocks throughout the market, undermining confidence and reducing majors' appetite for critical minerals investments." "The US Inflation Reduction Act has pumped liquidity into the energy transition, creating a funding gap between the US and other Western countries in the critical mineral space." "The US has surged ahead in critical minerals investment, while the EU is lagging behind. The UK is focusing on refining, processing, and recycling to play a role in the critical minerals supply chain." "Will the two-tier pricing for green and regular minerals create a new funding market for ESG-compliant mining projects?" VALUABLE RESOURCES Mail:        rob@mining-international.org LinkedIn: https://www.linkedin.com/in/rob-tyson-3a26a68/ X:              https://twitter.com/MiningRobTyson YouTube: https://www.youtube.com/c/DigDeepTheMiningPodcast  Web:        http://www.mining-international.org LinkedIn: https://www.linkedin.com/in/guy-winter-86376112/ Website: https://www.fasken.com/ ABOUT THE HOST Rob Tyson is the Founder and Director of Mining International Ltd, a leading global recruitment and headhunting consultancy based in the UK specialising in all areas of mining across the globe from first-world to third-world countries from Africa, Europe, the Middle East, Asia, and Australia. We source, headhunt, and discover new and top talent through a targeted approach and search methodology and have a proven track record in sourcing and positioning exceptional candidates into our clients' organisations in any mining discipline or level. Mining International provides a transparent, informative, and trusted consultancy service to our candidates and clients to help them develop their careers and business goals and objectives in this ever-changing marketplace. CONTACT METHOD rob@mining-international.org https://www.linkedin.com/in/rob-tyson-3a26a68/ Podcast Description Rob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content around the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community an insight into people's experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics. 

Three news stories summarized & contextualized by analytic journalist Colin Wright.Ukrainian navy says a third of Russian warships in the Black Sea have been destroyed or disabledSummary: Following a successful drone strike on a Russian amphibious landing ship that was docked in Sevastopol, the Ukrainian Navy has announced that about a third of Russia's Black Sea fleet has been destroyed or disabled.Context: Though Ukrainian forces continue to struggle against Russian advances on land, due in part to the nature of the conflict, and in part to waning monetary and hardware support from its allies, its efforts in the Black Sea have been comparably consistently successful, and these strikes, utilizing an array of unmanned aerial and water-skimming drones, have forced the Russian fleet to pull back, making these warships a lot less effective in terms of supporting ground-based Russian forces, and opening more paths for ships carrying Ukrainian grain to foreign ports.—The Associated PressOne Sentence News is a reader-supported publication. To support my work, consider becoming a free or paid subscriber.Serious security breach hits EU police agencySummary: A collection of highly sensitive files that contain the personal information of law enforcement executives with the agency were stolen from Europol's headquarters in the Hague last summer, according to internal notes and statements from current and former officials.Context: This seeming theft is still being kept largely under wraps, with only relatively minor details leaking to the press, but the head of Human Resources at Europol has reportedly been put on administrative leave during an investigation into what transpired, and though there's a chance this is a matter of internal intrigue—one person at the agency trying to harm the reputation of another—the missing files contain all sorts of personal details about Europol higher-ups that could be used to hurt or blackmail those people, and they were hidden in a safe in a restricted room, so figuring out how they were taken and why has become an agency-wide scandal and priority.—PoliticoUS solar factories strike deal to produce 'Made in USA' panelsSummary: Georgia-based solar cell company Suniva and Canada-based Heliene, which has solar panel operations in Minnesota, have partnered up to produce “Made in the USA” solar panels as part of an effort to stoke US-based manufacturing in a highly competitive global market.Context: The solar panel market is largely owned by China, which is actually over-producing panels right now, and thus dumping this sort of hardware on foreign markets, which is great in the sense that solar panels are cheap and abundant, but not so great in that this tends to kill off local manufacturers of the same, because they can't possibly compete with those prices; the US Inflation Reduction Act has money for US-based and allied interests that are willing to flesh-out their local manufacturing capacity for these sorts of goods, so this partnership was sparked by the promise of federal subsidies on their investments, but it could also help spur new local competition, especially if the government clamps-down further on foreign-made panels that could negatively impact the local market.—ReutersThe collapse of a major bridge in Baltimore after a cargo ship plowed into it last week has the Department of Transportation looking into data about other such bridges throughout the US, and about 6.8% of the more than 600,000 bridges the Department tracks are considered to be in “poor” condition, which suggests they're in need of repair, refurbishment, or replacement.—Axios$280 billionTotal global losses attributable to natural catastrophes in 2023, according to new data from the Swiss Re Institute.The Institute expects that such losses will continue to increase by about 5.9% each year, as has been the case from 1994-2023, and only about 38% of such losses were covered by insurance in 2023 (with more of these losses expected to become uninsurable in the coming years)—AxiosTrust Click Get full access to One Sentence News at onesentencenews.substack.com/subscribe

① Beijing's Global South diplomacy is in spotlight amid multiple China visits by senior leaders from the developing world. (00:51) ② We take a look at the annual Boao Forum for Asia where China's top legislator has called on Asian countries to stay united and oppose decoupling. (12:20)③ China has announced that it will remove tariffs on Australian wine, marking another key sign of the improving ties between the two countries. (24:48)④ China has filed a complaint to challenge Biden's electric vehicle plans at the World Trade Organization. We look at how the US Inflation Reduction Act is excluding China's EV industry from the American market. (34:00)⑤ Ukraine's foreign minister is in New Delhi to strengthen ties with India. Is India interested in boosting relations with Ukraine? (42:47)

Nadia Budihardjo and Jack McGinn discuss the implications of the US Inflation Reduction Act on the state's energy transition push. Plus: Rinehart's Azure deal; WA surplus boost, and Geraldton revival approval.

Interview with Trent Mell, CEO of Electra Battery Materials Corp.Our previous interview: https://www.cruxinvestor.com/posts/electra-battery-materials-elbm-cobalt-nickel-recycling-contracts-2121Recording date: 30th November 2023Electra Positioned to Capitalize on Tightening Cobalt MarketsElectra Battery Materials aims to become a major refined cobalt producer just as demand is set to outpace new mine supply. However, inflationary pressures have challenged the company's construction timeline and budget this year. Additional funding and government support now sought could position Electra for near-term production to capitalize on rising cobalt prices once its North American refining facility is complete.The company broke ground in late 2021 on a $200 million cobalt refinery in Ontario, Canada. With the facility's existing assets, total replacement value tops $360 million. Initially on pace for 2023 operations, unexpected cost increases from steel, labor, freight and more forced Electra to slow construction in Q1 2022. Costs were re-baselined 50-100% higher across areas of the project.Cash conservation became critical amid a tricky market backdrop. But leadership also continued procuring long-lead equipment, advancing battery recycling capabilities on-site, and lining up potential new funding partners. This flexible strategy could allow construction to resume quickly if financing comes through.Crucially, Electra already has 60-80% of initial cobalt production spoken for through an offtake agreement with electric vehicle giant LG Energy Solutions. Set at fixed pricing periods, the 5-year deal provides cash flow visibility. Battery demand trends bode well for tighter cobalt markets mid-decade as supply requires long investment timelines.Government Support TargetedWith broad policy initiatives like the US Inflation Reduction Act now prioritizing domestic battery metals, as the sole North American cobalt refiner not yet operational, Electra is vying for backing. Federal funding would allow construction to restart in a non-dilutive manner.Assuming additional funds are secured as planned next quarter, Electra said it could ship refined cobalt before year-end 2023. Better margins appear achievable over Chinese refining, especially when factoring in ESG benefits of localized production. Lean operations around $2,500/tonne look possible long term.The project's strong economics even attracted partnership interest from the Quebec government to build a second facility there. While not yet planned, this highlights Phase I's strategic advantages. Once up and running, adding battery recycling and nickel refining would further boost production, revenues and profitability.Investor ConsiderationsWith cobalt prices down 65% from last April's peak, restarting now allows maximum leverage for when deficits reappear as electric vehicle sales ramp up. Though the timing delay raises execution risks, management has realigned costs and timelines. The CEO believes construction itself now poses lower hurdles than the initial decision-making to launch a new mining project. De-risking factors also include fixed-pricing contracts and a fully permitted brownfield site.While not without challenges, Electra Battery Materials advanced numerous initiatives in a down market and could quickly move to revenue generation with further backing. Its leadership has managed to keep a steady long-term focus through present industry complexities. Crucially, the company looks to be counter-cyclically creating vital supply infrastructure just ahead of widening North American EV metals shortages over the next five years. The time to fund production appears opportune.—View Electra Battery Materials' company profile: https://www.cruxinvestor.com/companies/electra-battery-metalsSign up for Crux Investor: https://cruxinvestor.com

We crack on into December with another round of AGM remuneration vote downs, focusing in on the mining services (including special mentions to Perenti [PRN], NRW Holdings [NWH] & Emeco [EHL]). Next up we have a chat about the new information that's been released on the US Inflation Reduction Act with detail provided on what constitutes a “Foreign Entity of Concern”, including implication for Australia battery metal miners. Arafura's (ARU) latest financing got a shout out as well as highlights from Sayona's (SYA) punchy AGM. We then ventured to Matty's favourite nation, PNG, to cover the GR Engineering (GNG) contract with K92 (TSX-listed) before rounding out on Liontown's (LTR) port solution with the Mid West Port Authority. All Money of Mine episodes are for informational purposes only and may contain forward-looking statements that may not eventuate. The co-hosts are not financial advisers and any views expressed are their opinion only. Please do your own research before making any investment decision or alternatively seek advice from a registered financial professional. Thank you to our Podcast Partners: InvestorHub – The go-to Digital Platform shaking up the Investor Relations industry DSI Underground - Supplier of Ground Support Products to the Mining and Tunnelling industries Terra Capital – Specialist investment manager in the natural resources sector McMahon Mining Title Services (MMTS) – Australia-wide tenement service experts Futureproof Consulting – Specialist mining-industry sustainability consultants providing ESG solutions for miners of all sizes, stages and commodities Anytime Exploration Services – Exploration workers, equipment, core cutting/storage + much more KCA Site Services – Underground mining machine hire for IT's, normet's, trucks and more Brooks Airways – Perth's leading charter flight operators K-Drill – Safe, reliable, and productive surface RC drilling Join our exclusive Facebook Group for the Money Miners and request access to the Hooteroo chat group. Subscribe to our weekly newsletter HOOTEROO HERALD Follow Money of Mine on YouTube Follow Money of Mine on Twitter Follow Money of Mine on LinkedIn Follow Money of Mine on Instagram TIMESTAMPS (0:00:00) Introduction(0:02:31) Ally GC's Instagram giveaway(0:06:33) Wanna speak to MD's + CEO's directly?(0:12:36) Mining Services Rem Reports voted down(0:16:39) What's a "foreign entity of concern"(0:22:00) Will all these letter's of intent help Arafura?(0:28:13) K92 lock in GR Engineering to build stage 3(0:34:52) Sayona AGM highlights(0:38:47) Liontown secure port access to export lithium

This week: At the recent sustainable commodities and landscapes forum, Innovation Forum's Ian Welsh spoke with Pallavi Sharma from Global Rights Compliance, Olivier Tichit from Musim Mas and Giorgio Budi Indrarto from Madani. They talked about the evolving impacts and unintended consequences of the incoming EU deforestation regulation and what it means for non-EU supply chain stakeholders.   Plus: At the future of climate action conference, Ian also talked with Adam Tarr, formerly senior adviser to the US secretary of agriculture, and Germin8 Ventures' chief scientific officer, Ashlie Burkart. They discussed the progress of the US Inflation Reduction Act in boosting clean energy technologies and scaling nature-based carbon removal projects.   And, the Zoological Society of London's Spott assessment shows increased palm oil corporate commitment in tackling deforestation; Mighty Earth flags growing deforestation impacts within the cashew sector in Côte D'Ivoire; and, national climate action plans to be insufficient to meet Paris agreement goals, according to the UN, in the news digest.   Host: Ian Welsh

This week Alex is away so Nick is let loose on the podcast! Nick chats to Christiaan Jordaan, CEO and founder of Sicona.  Sound familiar? We interviewed Christiaan in back November 2021 in one of our all-time listener favourite episodes: "Australia's Role in the Battery Revolution". Since then Sicona has come a long way! Fresh off their recent $22m funding round for their battery technology we thought we'd cover the big issues since our previous chat: How the US Inflation Reduction Act has changed the game for climate startups (2:05) How Australia should respond (9:11) How the rise of Artificial Intelligence has affected climate startups like Sicona (12:29) Christiaan's HOTTEST TAKES on venture capital and funding climate solutions (15:38); and The inside scoop on Christiaan's recent funding round (21:28) In case you missed our last episode with Christiaan, here's a quick recap on Christiaan and his business (or you can have a a listen here) Sicona aims to revolutionise the battery world by improving battery efficiency with their unique anode materials, a technology that can be used with existing lithium ion batteries. Christiaan is also the co-founder of Novalith, a company that uses carbon dioxide as a reagent in extracting lithium. We have an episode featuring Novalith where we spoke to his Co-founder Steven Vassiloudis. We are proudly supported by Bank Australia (www.bankaust.com.au). *** As always if you don't want to miss any eps, hit that follow button! We'd also love it if you gave us a review / rating on Apple or Spotify! It helps other listeners find us. You can sign up to our mailing list, say hello@apositiveclimate.com or follow us at www.instagram.com/apositiveclimatepodcast and https://au.linkedin.com/company/a-positive-climate.  ** About the podcast A Positive Climate is an uplifting podcast about tackling climate change. An entertaining look at the products, people and technologies making a real difference.  Hosted by Australian climate technology experts Alex McIntosh and Nick Zeltzer, two friends on a mission to find the solutions to keep our existential crises at bay. Previous guests have included innovators from JET Charge, 5B, Amazon, Zoomo, V2Food, All G Foods, Vow, Sea Forest, Great Wrap, Infravision, Zero Co, Hysata, Sicona, OneSmallStep, Tenacious Ventures, CarsGuide, AMSL Aero, Nori, EnergyLab, MicroTau and many more. Music by the late, great Nick Weaver Production by our hero Mark Spencer from Here.Media Social Media, Comms and PR by Alistair PerkinsSee omnystudio.com/listener for privacy information.

Last week, the ESG Insider podcast was on the ground at Climate Week NYC for a special series of interviews. In this episode, we sit down on the sidelines of The Nest Climate Campus with Christopher Creed, Chief Investment Officer of the US Department of Energy's Loan Programs Office.   Christopher tells us that the loan programs office is working on deploying $350 billion worth of lending authority created under the US Inflation Reduction Act "to help catalyze energy projects" in the US.  "This transition is going to be private sector-led and government enabled," he says.  Find prior episodes for Climate Week NYC here:  At Climate Week NYC, seeking solutions at the nexus of climate, water and social issues https://www.spglobal.com/esg/podcasts/at-climate-week-nyc-seeking-solutions-at-the-nexus-of-climate-water-and-social-issues   At Climate Week NYC, using collaboration to tackle supply chain emissions https://www.spglobal.com/esg/podcasts/at-climate-week-nyc-using-collaboration-to-tackle-supply-chain-emissions  On the ground at Climate Week NYC: The challenge of Scope 3 emissions https://www.spglobal.com/esg/podcasts/on-the-ground-at-climate-week-nyc-the-challenge-of-scope-3-emissions   What to expect from Climate Week NYC:  https://www.spglobal.com/esg/podcasts/what-to-expect-from-climate-week-nyc-2023     This piece was published by S&P Global Sustainable1, a part of S&P Global.  Copyright ©2023 by S&P Global  DISCLAIMER        By accessing this Podcast, I acknowledge that S&P GLOBAL makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk. This Podcast should not be considered professional advice. Unless specifically stated otherwise, S&P GLOBAL does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. The third party materials or content of any third party site referenced in this Podcast do not necessarily reflect the opinions, standards or policies of S&P GLOBAL. S&P GLOBAL assumes no responsibility or liability for the accuracy or completeness of the content contained in third party materials or on third party sites referenced in this Podcast or the compliance with applicable laws of such materials and/or links referenced herein. Moreover, S&P GLOBAL makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties.

In this podcast, Hasan Muslemani talks to Andrew Goddard about his latest paper entitled ‘Deal or No Deal: Will the US Inflation Reduction Act (IRA) push Carbon Capture and Storage (CCS) and Carbon Dioxide Removal (CDR) technologies over the line?'. The author evaluates the unprecedented support for climate and the clean energy transition under the […] The post OIES Podcast – US Inflation Reduction Act appeared first on Oxford Institute for Energy Studies.

One year on since US President Biden signed the landmark IRA into law, there's been no shortage of figures attesting to the cosmic transformation of the “Made in America” clean energy renaissance. Ehsan Khoman, Head of Research – Commodities, ESG and Emerging Markets (EMEA) at MUFG, discusses MUFG's latest ESG thought leadership report that provides a comprehensive assessment of what the IRA has achieved in its first year and what comes next. According to Ehsan, the energy trilemma pillars of affordability, security and sustainability, naturally dovetail with this goldilocks piece of clean energy regulation, with the data to date substantiating that we are in the early innings of a renewables capex supercycle – see here for the full report.

In this week's episode, we explore key developments in the European renewable energy sector. We delve into European Energy's ambitious 115MW solar project in Latvia, Northvolt's recent fundraising success, and examine The Renewables Infrastructure Group's strategic sale of its ageing Irish wind farms to Statkraft.We also cover updates to EDF Energy's seven-year PPA with Brockwell Energy, Deutsche Bahn's PPA with EnBW, and Atea's PPA with Better Energy, showcasing the increasing diversity and complexity of PPAs in the current market.We also take a dive into the EU's Green Deal, as it faces uncertainty amid economic recovery and global challenges, including the impact of the US Inflation Reduction Act. Will political tensions and leadership changes slow the pace of the EU's green initiatives, with notable calls for regulatory breaks?We also bring you an update on the UK's TEC Amenesty, which promises to free up billions worth of investment stuck in planning queues. Will this solve the problem, or will it just kick the can down the road? Don't miss our exclusive Q&A with Olivier Mussat, CEO of ATOME Energy, on the global market for green hydrogen and ammonia. Available to read on the inspiraita website. Hosted by:Oliver Carr - Lead AnalystZachary Skidmore - Senior Reporter Dila Cebeci - Senior AnalystReach out to us at: podcasts@inspiratia.comFind all of our latest news and analysis by subscribing to inspiratiaListen to all our episodes on Apple Podcasts, Spotify, and other providers.

It's a little over a year since the US Inflation Reduction Act was passed into law. Solar was one of the main beneficiaries, thanks to an extension and expansion of the tax credits available to the industry. So why has the sector fallen out of favour with investors recently?August was a difficult month for the markets in general, but companies including First Solar, Sunrun, Sunpower and Sunnova (who have been featured on our sister podcast The Interchange) have had it particularly rough. To look into what's going on, host Ed Crooks is joined by two of our regular finance and investment experts: Shanu Mathew, of Lazard Asset Management, and Amy Myers-Jaffe, of NYU's Energy, Climate Justice and Sustainability Lab. Together, look at the residential and utility-scale solar markets and the investment going into them, the US perspective against a global investment backdrop, and the long-term prospects for solar.Also in this show: what went wrong at Proterra? Proterra was an electric bus and battery company championed by President Biden as an example of how the US could build a manufacturing base in cleantech, but it filed for bankruptcy in early August. What does its failure tell us about the future of electric vehicles? And how do these challenges facing two key sectors, solar and EVs, change our perceptions of the clean energy transition? Finally, ESG investing is in the spotlight again. Larry Fink, CEO of Blackrock – one of the world's biggest asset management firms – said recently that he “doesn't use the word ESG any more, because it's been entirely weaponised...by the far left and weaponised by the far right.” Republican politicians in the US have attacked ESG as “a direct threat to the American economy, individual economic freedom, and our way of life.” Some statistics have suggested that interest in ESG investing has been waning from its high point in 2021. Amy says the capital is still flowing into clean energy, but investors need to “pick the right team, the right technology, the right management.” Shanu argues that the trends still support moves towards increased sustainability and the use of environmental, social and governance factors in investment decisions. ESG may not be a buzz-word any more, at least not in a positive sense. But the ideas that lie behind it can still be useful.Follow the conversation on X, the platform we know as Twitter – we're @theenergygang. And subscribe to the show so you don't miss an episode. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

What is happening globally in EV battery mineral mining? How is the US Inflation Reduction Act affecting the market? Will McDonough, co-founder and CEO of EMG Advisors, talks with CleanTechnica CEO Zach Shahan about this matter as it relates to EV batteries. They also talk copper, copper, copper.

What is happening globally in EV battery mineral mining? How is the US Inflation Reduction Act affecting the market? Will McDonough, co-founder and CEO of EMG Advisors, talks with CleanTechnica CEO Zach Shahan about this matter as it relates to EV batteries. They also talk copper, copper, copper.

US stocks hit a five-week low as a warning of potential Fitch downgrades sent bank shares lower, Beijing is making one of its biggest top-down efforts in years to tackle the debts racked up by local governments, and a year after passage of the US Inflation Reduction Act and Chips Act the vast majority of investment is going to red states. Mentioned in this podcast:US and European stocks hit five-week lows after strong retail sales dataChina sends finance experts to tackle regions' debtsRepublican districts dominate US clean technology investment boomPink Floyd strike a chord as scientists recreate song from brain activityThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help from Josh Gabert-Doyon, Monique Mulima, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT's executive producer. The FT's global head of audio is Cheryl Brumley. The show's theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

In this week's briefing, Innovation Forum's Ian Welsh and Bea Stevenson reflect on a year of the US Inflation Reduction Act, which has directed almost $400bn in federal funding in the US to reduce carbon emissions and reach climate targets. They discuss the success in greater clean energy provision, solar power supply and EV sales, but also discuss where there has been less progress, in areas such as hydrogen and carbon capture technology.   Plus, Innovation Forum's Emily Heslop shares further insight on what to expect at the future of climate action conference in Washington DC from 8th-9th November. Register here for a $300 early-bird discount – the offer expires this Friday, 18th August.   For Schroders' insights about the Inflation Reduction Act, click here.

The last year has been a tough one for the G-20 member nations, with soaring energy prices and a global inflationary crisis. Against such a backdrop, what is happening to climate policies and net-zero targets? Victoria Cuming, Head of Global Policy at BloombergNEF, returns to the pod to talk with Dana about the 2023 edition of the G-20 Zero-Carbon Policy Scoreboard. Together they discuss a range of topics, including this year's ‘winners and losers,' the US Inflation Reduction Act's global impact, and what the upcoming G-20 meeting may mean for climate goals worldwide. Complimentary BNEF research on the trends driving the transition to a lower-carbon economy can be found at BNEF on the Bloomberg Terminal, on bnef.com or on the BNEF mobile app. Links to research notes from this episode: G-20 Zero-Carbon Policy Scoreboard: Issue 2023 - https://www.bnef.com/insights/31383See omnystudio.com/listener for privacy information.

Are we headed for a subsidy war?  France is taking its cue from the US Inflation Reduction Act with new benefits to its investors. Listen for more on todays Two Minutes In Trade.

On 5 May, the German government presented draft legislation that appears to be the first granular direction into the European response to the US Inflation Reduction Act (IRA) (the largest climate legislation in US history) at the national level that compliments the European Commission's Net Zero Industry Act (NZIA) unveiled on 16 March. If approved, this German proposal may serve as an IRA template for other European member states, fast-tracking renewables as well as green financing to lower the cost of capital. Ehsan Khoman, Head of Commodities, ESG and Emerging Markets Research (EMEA), discusses why this promising German proposal may serve as a template for other European member states to follow suit, which reinforces the conviction that the current goldilocks era of regulation will carve the contours of a renewables capex supercycle (see here for the full report).   Disclaimer: www.mufgresearch.com (PDF)

The US Inflation Reduction Act (IRA) – a USD369bn legislative package combining large-scale green subsidies with healthcare savings and new revenue measures through to 2032 – is a landmark and welcome US climate policy, that enacts historic deficit reduction to combat inflation. In a clear threat to Europe through its competitiveness effect, the European Commission has presented its response – a detailed piece of legislation labelled the Green Deal Industrial Plan of which the Net Zero Industry Act (NZIA) is the central initiative. Ehsan Khoman, Head of Commodities, ESG and Emerging Markets Research (EMEA), discusses MUFG's latest ESG report that examines Europe's response to the transformational US Inflation Reduction Act and why he believes this goldilocks era of regulation will carve the contours of a renewables capex supercycle (see here for the full report). Disclaimer: www.mufgresearch.com (PDF)

ESG #14:  By 2030, renewables (mainly wind and solar power) are forecast to generate most of Europe's power and almost half the power in the US and China. Other sectors – like transportation and heavy industry – are also decarbonizing. What drives this energy transition away from fossil fuels toward cleaner energy sources and greater energy efficiency? New regulations are discouraging greenhouse gas emissions, and government policies and market forces are stimulating massive new investment in clean technologies and green energy. Energy security threats and price volatility associated with vulnerable fossil fuel supply chains and climate risks have become more evident. But inflation, rising interest rates and ambivalent politics are still capable of hindering this fundamental shift in how the planet generates and uses energy.In this new episode, The Energy Transition in Europe and the United States: “Blue Skies Ahead?,” Project, Energy and Infrastructure Finance Group partners Matt Brown and Allan Marks compare notes on the energy transition and the state of the market in the US, the UK and Europe. They analyze in detail some of the tailwinds accelerating green investment (including European climate regulations and the US Inflation Reduction Act), affected technologies (including green steel, natural gas and LNG, hydrogen, renewables, nuclear power, batteries and mining), and the role of different sources of capital (including cross-border investment, private credit funds, banks and tax equity). About the SpeakersMatt Brown is a partner in the Project, Energy and Infrastructure Finance Group, based in London. He represents sponsors, lenders, export credit agencies, and governments on all aspects of energy and infrastructure development and finance matters world-wide. He has a significant focus on energy transition matters (including battery gigafactories, battery storage, hydrogen and other green industrial projects) as well as oil and gas, LNG, and conventional and renewable power matters.Podcast host Allan Marks is one of the world's leading project finance lawyers. He advises developers, investors, lenders, and underwriters around the world in the development and financing of complex energy and infrastructure projects, as well as related acquisitions, restructurings and capital markets transactions. Many of his transactions relate to ESG and sustainability, innovative clean technologies, and sophisticated contractual risk allocation. Mr. Marks also serves as an Adjunct Lecturer at the University of California, Berkeley at the Law School and previously at the Haas School of Business.For more information and insights, follow us on social media and podcast platforms, including Apple, Spotify, Amazon Music, Google and Audible.Disclaimer

Tu and Lei start out the pod with a discussion on the latest price cuts that take the current price war deeper into the hole. They then talk about the VW unveil of the ID.2all and how it may not be that competitive if it was to enter the Chinese market, which currently it's not set to do.Lei puts the focus on Skoda and their shrinking sales in the China market and how they are doing in other regions. He anticipates that they may ultimately leave the China market due to their continued struggles.Tu updates about the EU's version of the US Inflation Reduction Act which is called the Critical Raw Material Act or CRMA.The pod closes out with the UK not making the cut for location for the next BYD factory. They didn't even make the semi-finals and BYD blamed uncertainty in long-term business conditions due to BREXIT as the primary reason. 

It's EV News Briefly for Friday 10th March. I'll be back as usual at 5pm UK time, that's Midday Eastern, for the full podcast.  Patreon supporters get the episodes as soon as they're ready AND ad free. You can be like them by clicking here. Volkswagen is set to reveal its ID 2 electric car on 15 March. The car will be based on the MEB-Plus platform, with new battery cells and 200kW charging speeds, and may be named ID Golf. Ford is set to launch an all-new electric vehicle for the European market on March 21, which will be one of seven new models to be released in Europe by next year. The first EV to be manufactured at the Cologne factory will be a medium-sized, five-seat crossover. BMW is investing up to £600m in its Mini plant at Cowley, near Oxford, to prepare the plant for the production of electric models. The Neue Klasse programme is also underway, which incorporates connected vehicles, autonomous driving, and AI assistant features. BMW increased its research and development spending in 2022 to 6.6 Billion Euros to launch its next-generation electric line-up, which will include a new 3 Series equivalent and a next-generation 5 Series electric model. The Neue Klasse models will also offer sixth-generation battery technology with up to 30% more range and charging speed. Alfa Romeo has announced plans to launch a new all-electric SUV flagship in the second half of this decade. The new model is expected to use the STLA Large architecture from Alfa Romeo's parent company Stellantis. Nissan is aiming to reduce the cost of production of electric and hybrid components by 30% by 2026 and make them the same price as their pure-combustion counterparts. Nissan currently sells two electric cars and e-Power hybrids, and is aiming for price parity between them and their combustion equivalents by around 2026. NIO is releasing an estate version of their ET5 sedan in Europe, with deliveries in China set to start in July 2023. The design of the ET5 Shooting Brake looks similar to the Porsche Taycan Cross Turismo. Renault Trucks achieved a market share of 24.2% in the medium- and heavy-duty electric truck segment in Europe in 2022, selling 379 units of the E-Tech D and E-Tech D Wide models. BYD is reportedly planning to invest over $20 billion in their commercial vehicle division over the next five years to develop, produce, and launch battery-electric commercial vehicles in multiple markets. Tevva's 7.5t battery-electric truck has been approved for the UK government's Plug-in Truck Grant (PITrG) and is eligible for a potential £16,000 discount. The US and EU will begin negotiations to ensure that European minerals are eligible for tax credits under the US Inflation Reduction Act. This move will strengthen supply chains for critical minerals needed for batteries in EVs and aid the growth of the clean energy economy. Automakers are taking advantage of a tax credit loophole that incentivizes car shoppers to lease EVs, resulting in a surge in EV leasing business. Leasing could be a key component in accelerating EV adoption for both consumers and car companies. Tesla has introduced its Magic Dock Supercharger in Long Island, New York, making it the 9th location in New York and the 2nd location with Magic Dock chargers. Airstream and Porsche have collaborated to create a modern-looking travel trailer concept designed to be pulled by a small SUV or EV, featuring composite materials and a flat rear end and flush underside to maximize aerodynamics. It is unclear whether the concept will head to production. Extreme E has begun its third season this weekend with a race in Saudi Arabia along the coast of the Red Sea, featuring a new 10-race format and sustainable practices, including avoiding single-use plastic during race weekends. The average electric car sold in the US boasts a range of almost 300 miles, the highest in the world and a third higher than the global average. Analysts predict that a sweet spot of 250 to 350 miles will eventually emerge as the ideal range in the US. In February 2023, Ukrainians registered almost 1,300 used EVs and 413 new EVs, with the average age of the vehicles being 4 years and the Nissan Leaf being the most popular model. The number of new EVs sold increased by three times compared to the same period last year.

The European Commission has replied to the US Inflation Reduction Act, a $369 billion programme of green subsidies, by loosening rules and allowing member states to offer companies as much government funding as they would get if they relocated to the US. We find out if this will help prevent an exodus of businesses working on green projects. And as the Georgian government takes a step back in its plans to push ahead a controversial legislation on foreign agents, we explore how the economy is doing.

The European Union will allow members to offer subsidies that match those offered by the US Inflation Reduction Act to prevent an exodus of green energy projects. The White House's $369 billion initiative has been criticised by many countries, which fear it could attract local companies to move across the Atlantic. Roger Hearing discusses this and more business news with two guests on opposite sides of the world: Stefanie Yuen Thio, joint managing partner at TSMP Law in Singapore, and Tony Nash, chief economist at Complete Intelligence in Texas. (Picture: A worker installs solar panels on the roof of a farmstead barn in Germany. Picture credit: Reuters)

It's EV News Briefly for Thursday 9th March. I'll be back as usual at 5pm UK time, that's Midday Eastern, for the full podcast.  Patreon supporters get the episodes as soon as they're ready AND ad free. You can be like them by clicking here. The 2023 Mercedes-Benz EQE SUV comes with three powertrain options, priced between $79,050 and $90,650, and will be built in Alabama to compete with the BMW iX and Audi E-Tron. It offers features like 10-degree rear-axle steering, fast charging, and adjustable damping, with an optional air suspension. The National Highway Traffic Safety Administration is investigating 120,000 Tesla Model Y vehicles due to reports of steering wheels falling off while driving. Two incidents have been reported due to missing retaining bolts, and a recall could follow pending the investigation's outcome. Nissan is recalling some 2023 Nissan Ariya electric SUVs due to the possibility of the steering wheel detaching. The recall covers 1,063 vehicles, and owners are encouraged to check for loose steering wheels and contact a dealership for a replacement. Volkswagen may prefer to build its first battery cell factory in North America, with potential incentives of up to €10 billion under the US Inflation Reduction Act. The company is awaiting the EU's reaction before deciding to build a plant in Eastern Europe, and other European battery manufacturers may also look to the US for subsidies. The long-wheelbase version of the Volkswagen ID.Buzz electric van will debut in June in the US for the 2024 model year. It offers seven seats as standard, a larger battery pack than other versions, and optional dual-motor all-wheel drive. Pricing and range estimates will be available upon its debut. VinFast's founder established a rental service for electric cars and scooters in Vietnam, offering a fleet of 10,000 electric cars and 100,000 electric scooters, as well as its own all-electric taxi service in Hanoi. The cars will be VinFast vehicles, and the company seeks to promote EVs by offering test drives and other opportunities. Bafang, an electric bicycle giant, has formed a new brand called T&D to expand its influence into the electric motorcycle industry. It has unveiled its first drivetrains, the FE01 Off-Road Drive System and the LI01 City Commuting Drive System, with up to 60 kW of peak power and 125 Nm of torque, aiming for more affordable electric motorcycles. Chalmers University researchers have developed an induction technology capable of charging at 500 kW with nearly 100% efficiency, nearing commercialization. It is made possible with high-power semiconductors, such as silicon carbide components, and works with four times higher frequencies than previous wireless charging systems. House Republicans have introduced legislation to restrict California's ability to ban gas-powered cars, protecting consumer choice and preventing higher costs. The 2035 rule would affect over 40% of total US car purchases, and the legislation aims to prevent California from implementing stricter emissions standards than the federal government. Lightship, a new company founded by two Tesla veterans, has created an electric-assisted camping trailer called the L1 that can be towed without affecting an EV's range. It has an 80 kWh battery and up to 3 kW of solar power, priced at $125,000, with production starting in late 2024. New York City is banning the sale of electric bicycles, scooters, and other mobility devices that are not UL-certified, reducing the risk of lithium-ion battery fires. The new law requires devices to be certified to the UL 2849 standard, and while lithium-ion battery fires are rare, they can result in significant property damage and fatalities. Electric vehicle transmissions have fewer components and a simpler powertrain than those used in standard combustion engine vehicles. There are different types of EV transmissions, including single-speed, multi-speed, and continuously variable options. Bosch and Inmotive have developed advanced transmission technologies that offer significant advantages over single-speed transmissions, such as energy savings and improved range and performance. Wyclef Jean Launches the ‘Lightest Electric Supercar' That Can Go 0 to 60 in 2.3 Sec - Haitian rapper and musician, Wyclef Jean, has launched the Attucks Apex APO electric supercar, the lightest-ever electric supercar on the market, with an ultralow weight of 1200 kg, a top speed of 190 mph, and acceleration from 0-60 mph in 2.3 seconds. The APO electric supercar will start at around $350,000 and is set for its official release next year.

The US Clean Energy Boom: What Might Stop It?The US Inflation Reduction Act, signed into law by President Joe Biden last August, has transformed the outlook for low-carbon energy in the US, because of the array of tax credits and other policy support that has been put in place.Over at Wood Mackenzie we do regular forecasts for the outlook for renewable energy investment in the US and as a result of the Inflation Reduction Act, we have raised our forecast of new solar capacity installations in the US over the coming decade by 50%, and our forecast for wind power installations by 84%.So, things looks really good for low-carbon energy in the US. Arguably better than they have ever looked, in fact. But we can't just leave it there, with everything seeming right with the world. We need to talk about the barriers that could stop or slow down that boom in low-carbon energy investment.Robbie Orvis, Senior Director of Modelling and Analysis at Energy Innovation: Policy and Technology LLC and Amy Myers-Jaffe, Director of the Energy, Climate Justice & Sustainability Lab, and research professor at NYU, join Ed Crooks on today's episode to discuss those obstacles, and try to answer the question of whether all this expected extra investment from the Inflation Reduction Act might not happen.The gang also discuss topics including critical minerals — could they be as problematic as fossil fuels — and the issue of energy security. The US is just about self-sufficient in oil and a net exporter of gas. But in battery raw materials it is going to have to be an importer, and mineral processing and cell manufacture are largely concentrated in China. How much of a worry is that?Finally, they discuss low-carbon energy and economic nationalism. Countries are competing to develop their own low-carbon industries, and a little healthy competition is a good thing, right? It's stimulating ever-more generous support for low-carbon energy. But could it also be causing some problems?As always, let us know your thoughts or any topics you'd like us to cover in future by getting in touch on Twitter. We're @TheEnergyGang.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This week's episode comes to you all the way from the snowy peaks of Davos, Switzerland. Mark Leonard is joined by ECFR board member Alexander Stubb – who is director of the school of transnational governance at the European University Institute in Florence and a former prime minister of Finland – to give us their take on this year's World Economic Forum. What does cooperation in a fragmented world look like? Does the war in Ukraine still top the bill in every WEF session, and how do leaders discuss the energy crisis? Leonard and Stubb share their thoughts on all this and more, including the US Inflation Reduction Act, India's role in the multipolar world, and Olaf Scholz's speech. This podcast was recorded on 18 January 2023. Bookshelf: • Personality and Power: Builders and Destroyers of Modern Europe by Ian Kershaw • Leadership: Six Studies in World Strategy by Henry Kissinger

Welcome to The Hydrogen Podcast!In episode 181, The Wall Street Journal discusses Plug Power and the future of the hydrogen economy. I'll go over the article and give you my thoughts on today's hydrogen podcast.Thank you for listening and I hope you enjoy the podcast. Please feel free to email me at info@thehydrogenpodcast.com with any questions. Also, if you wouldn't mind subscribing to my podcast using your preferred platform... I would greatly appreciate it. Respectfully,Paul RoddenVISIT THE HYDROGEN PODCAST WEBSITEhttps://thehydrogenpodcast.comCHECK OUT OUR BLOGhttps://thehydrogenpodcast.com/blog/WANT TO SPONSOR THE PODCAST? Send us an email to: info@thehydrogenpodcast.comNEW TO HYDROGEN AND NEED A QUICK INTRODUCTION?Start Here: The 6 Main Colors of Hydrogen

Dipender Saluja and Ion Yadigaroglu are Partners at Capricorn Investment Group. Capricorn is a sustainable investment group, one of the largest mission-aligned investment firms in the world, and our sponsor on Cleaning Up.Dipender Saluja is a Partner of Capricorn Investment Group, and a Managing Director of Capricorn's Technology Impact Fund. Prior to Capricorn, Saluja was Chief of Staff at Cadence, a global market leader in electronic design. Prior to Cadence, he worked at Data General (EMC), Honeywell, ROLM (IBM), and the GF Energy Research Center. Saluja is an electrical engineer by training, and attended UND, University of Minnesota and Stanford University.Ion Yadigaroglu has been Managing Partner at Capricorn Investment Group since 2004. Prior to Capricorn, Ion was Director of Business Development with Koch Industries, and a Founder and Chief Executive Officer at Bivio, a software startup in Colorado. Yadigaroglu was a research fellow at Columbia University and holds a master's in physics from ETH Zürich in Switzerland and a Ph.D. in Astrophysics from Stanford University. Yadigaroglu was a founding member in 2007 of GIIN, the Global Impact Investor Network.Capricorn was born from the desire to demonstrate the huge investment potential that resides in breakthrough commercial solutions to the world's most pressing problems, and as such is one of the original impact investors.  Ion appeared on Episode 89 of Cleaning Up: https://www.cleaningup.live/ep89-ion-yadigaroglu-pioneering-impact-investor/Take a closer look at Capricorn's portfolio: https://capricornllc.com/technology-impact-fund/Watch Episode 84 with Mark Carney here: https://www.youtube.com/watch?v=HtA5ufMzKAUWatch Episode 48 with Lord Stern here: https://www.youtube.com/watch?v=6O5Ge_wRmPA 

We sat down for a sponsor update with FPX Nickel's CEO Martin Turenne. Interest in FPX has increased greatly as major nickel customers line up to secure future deliveries. In addition, FPX built a pilot production plant to prove the efficacy of its nickel sulfate refining process and its ability to produce high-grade metal, without the need for smelting. Results from the first 18 tons of material are expected before year end (or early January) and Martin says the metallurgical results are huge and could be just the catalyst FPX needs for a revaluation of its shares. Nickel has been hot. A March short squeeze sent it soaring and it has since come back down to earth, but it was still trading at a healthy $11 per pound the day we spoke. That's a level Martin is very comfortable with. He's extremely bullish and for good reason. The recently passed US Inflation Reduction Act has many benefits for the battery metal sector and FPX in particular. The Act provides a $7500 tax credit to EV purchasers, provided that the batteries contained therein were produced in the US with materials from the US, Canada and Australia. This has led to a surge of companies seeking to build battery factories in the US. Additionally, the Act provides $750 million to junior companies to help them perform the requisite studies and compliance requirements needed to fast-track their production. This is a tremendous boost to smaller companies seeking ever more scarce capital. Step-out drilling continues at the Van Deposit. Results will be forthcoming shortly. An updated mineral resource estimate is on the way for the Baptiste Deposit. Therefore, all the steps are in place for FPX to advance its projects and ultimately realize its true value. Company website: www.FPXNickel.com Ticker symbols: OTC: FPOCF — TSX-V: FPX

Hawaii native Aric Saunders is a clean energy champion well versed in reaching low to moderate-income communities, creating innovative products, and integrating storage into the grid. Aric is the executive vice president of sales and marketing for Electriq Power, a battery storage company in San Leandro, California. He joined the company as director of business development in 2017 to advise their residential energy storage and go-to-market strategy. Electriq has developed a smart home battery storage solution for homes and small businesses that helps owners harness the power of smart batteries to achieve a more renewable energy solution. A serial entrepreneur, Aric leverages more than a decade of renewable experience built on a foundation of real estate development. Before Electriq, he founded three companies in Hawaii and brought a first-for-Hawaii residential financing product to the market, which we discuss in today's episode. You'll hear how he has incorporated sales operations, product management, and finance into an interesting and diverse career. If you're curious about how the battery storage markets are growing and how the recently passed US Inflation Reduction Act will affect it, tune in to learn more.If you want to connect with today's guest, you'll find links to his contact info in the show notes on the blog.SunCast is presented by Sungrow, the world's most bankable inverter brand.You can learn more about all the sponsors who help make this show free for you, here: www.mysuncast.com/sponsorsRemember you can always find the resources and learn more about today's guest, recommendations, book links, and more than 535 other founder stories and startup advice at www.mysuncast.com.You can connect with me, Nico Johnson, on Twitter, LinkedIn or email.

Just 44 days into the job, Liz Truss announced today that she is stepping down as the UK's leader. Her resignation follows weeks of chaos in the UK markets. A new prime minister is expected to be elected into office within a week. And, Ukraine's President Volodymyr Zelenskiy has said that 30% of Ukraine's power stations have been hit by Russian airstrikes. Ukraine is now restricting its electricity supplies as the country prepares for a long winter. Also, the US Inflation Reduction Act is raising alarms in the European Union. German and French officials warned on Wednesday that US policies offering subsidies to benefit the American electric vehicle industry would lead the two economic powerhouses into direct competition. Plus, the acclaimed novel, “The Seven Moons of Maali Almeida,” by Sri Lankan writer Shehan Karunatilaka, has clinched the 2022 Booker Prize.

Paris Marx is joined by Thea Riofrancos to discuss how the push for electric vehicles is driving governments in the United States and Europe to onshore mining after decades of doing the reverse, what that means for companies in the sector, and how movements are pushing back against this resource-intensive vision for a green transition.Thea Riofrancos is an Andrew Carnegie Fellow,  an Associate Professor of Political Science at Providence College, and a member of the Climate + Community Project. She's also the author of Resource Radicals: From Petro-Nationalism to Post-Extractivism in Ecuador. Follow Thea on Twitter at @triofrancos.Tech Won't Save Us offers a critical perspective on tech, its worldview, and wider society with the goal of inspiring people to demand better tech and a better world. Follow the podcast (@techwontsaveus) and host Paris Marx (@parismarx) on Twitter, support the show on Patreon, and sign up for the weekly newsletter.The podcast is produced by Eric Wickham and part of the Harbinger Media Network.Also mentioned in this episode:Thea wrote about the push to onshore mining activities and what it means for climate justice, and recently published an academic article on the “security-sustainability nexus” relating to lithium onshoring.EV raw material costs doubled during the pandemic, forcing many automakers to raise prices.A lithium mine in Portugal was scrapped after local opposition, but other projects continue to move ahead.The US Inflation Reduction Act included many benefits for mining companies and tied EV tax credits to mineral supply chains.Support the show