US subsidies

Democrats’ budget would fund massive clean energy plan

The Congressional Democrats’ $ 3.5 trillion budget plan would fund a sweeping transition to cleaner energy, but it is expected to meet opposition from parts of the energy industry and their industrial customers over provisions likely to increase their costs. The plan calls for paying cash to utilities that make …

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Biden’s New Chinese Doctrine | The Economist

July 17, 2021 OLONG PTIMISTS hoped that China’s welcome into the global economy would make it a “responsible stakeholder” and lead to political reform. As president, Donald Trump called this weak. Today, Joe Biden converts Trumpian exaltation into a doctrine that pits America against China, a struggle between rival political …

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