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The biggest industrial push in generations in the United States is jump-starting the country’s renewable energy markets, but also setting up a new form of international competition as countries from Europe to Asia introduce policies of their own to keep pace.
The Biden administration is aiming to “unleash US$3.5 trillion in public capital and private investment over the next decade,” the New York Times reports, aiming to offset competing subsidies from China and East Asia and rebuild the U.S. manufacturing sector after decades of…