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United States Electric Vehicle Market will be US$ 391.03 Billion by 2030
Renub Research has released a report titled “United States Movie Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2030,” which includes market percentage records and a thorough enterprise analysis. This report looks at the competition, geographic distribution, and growth potential of the United States Movie Market. United States Movie Market is predicted to extend at…
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#united states electric vehicle market#united states electric vehicle market report#united states electric vehicle market share#united states electric vehicle market size#us electric vehicle market#us ev market
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“To help people transition to electric vehicles, what if you start with rental cars? That’s the theory of a collaboration between rental car company Hertz Global Holdings Inc. and the city of Denver.
A public-private partnership dubbed Hertz Electrifies will bring some 5,200 rental EVs to the city as part of an effort to ease some of the challenges of electrification.
Hertz plans to market the electric vehicles as try-before-you-buy, meaning interested residents can spend a few days experiencing electric car life before making a more permanent commitment.
The rental car company will also fund and oversee the installation of dozens of public EV chargers at Denver International Airport and other spots around the city, working with EV charging network BP Pulse.
For Denver officials, the partnership’s most important component is that Hertz will provide data that could help the city decide where more public EV chargers are needed the most, and in what quantity. That’s because the rental cars will be equipped with telematics systems, which collect and transmit GPS and a range of other data so officials know where electric vehicles are being driven.
“Building out our EV charging infrastructure is a key component of our own EV adoption goals as a city, and this data will help inform on where that infrastructure will be needed the most,” said city of Denver spokesperson Mike Strott.
Hertz also plans to develop a pipeline of skilled workers for the industry, offering summer job opportunities through Denver’s Youth Employment Program and providing EVs, tools and training to Montbello Career and Technical High School for students enrolled in its auto certificate program. “These are people later down the line that we'd want to work for us,” said Hertz Chief Executive Officer Stephen Scherr.
In addition to helping Denver reach its goal of an 80% reduction in emissions by 2050, Strott hopes the initiative will help create good-paying future jobs in Denver.”
-via Bloomberg, 1/30/23
#cars#electric cars#electric vehicles#ev charger#denver#colorado#united states#rental cars#hertz#marketing#good news#hope
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FISKER DELIVERS FIRST 22 FISKER OCEAN SUVS, Establishing Presence in Competitive EV Market
Fisker Inc. achieves a major milestone by delivering the highly anticipated Fisker Ocean SUV to customers in the United States. Explore the groundbreaking features, sustainability, and investment potential of Fisker in the rapidly growing electric vehicle sector
Fisker Ocean SUV:
Innovation and Unmatched Features: The Fisker Ocean SUV represents a groundbreaking leap in automotive innovation. Designed to offer a sustainable and luxurious driving experience, it is equipped with cutting-edge features and impressive performance capabilities. Boasting a class-leading range of up to 360 miles, it surpasses other electric SUVs in its category. The SUV's all-wheel drive system and dual-motor setup deliver exceptional power and acceleration, providing a thrilling driving experience that surpasses traditional internal combustion
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#Fisker #ElectricVehicles #Sustainability #Innovation #CustomerSatisfaction #InvestmentOpportunity #FuturePlans #Expansion #EVMarket
#: Fisker#electric vehicle manufacturer#Fisker Ocean SUV#innovation#sustainability#customer satisfaction#investment opportunity#strategic partnerships#global expansion#leadership team#market conditions#stock performance#Fisker Inc. achieves significant milestone by delivering the highly anticipated Fisker Ocean SUV to customers in the United States#Fisker Ocean SUV: A groundbreaking leap in automotive innovation and sustainability#Fisker Ocean SUV surpasses competitors with its class-leading range of up to 360 miles#Positive customer feedback solidifies Fisker's reputation as a forward-thinking electric vehicle manufacturer#Fisker's commitment to sustainability and eco-friendly materials reduces carbon footprint#Investment opportunity in Fisker as demand for electric SUVs continues to rise#Strategic partnerships strengthen Fisker's position in the competitive electric vehicle market#Fisker's expansion plans include ramping up production capacity and targeting international markets#Fisker's success in delivering the first 22 Fisker Ocean SUVs showcases innovation#and customer satisfaction#Fisker presents an exciting investment opportunity in the rapidly growing electric vehicle sector
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The United States electric vehicles market size is projected to exhibit a growth rate (CAGR) of 31.6% during 2024-2032. The increasing investments in charging infrastructure by both public and private entities, the rising corporate policies promoting the use of EVs, the growing integration of electric vehicles with autonomous driving technologies, the escalating efforts to educate consumers about the benefits of electric vehicles, and the stringent emission regulations are some of the factors propelling the market.
#United States Electric Vehicles Market#United States Electric Vehicles Market size#United States Electric Vehicles Market share#United States Electric Vehicles Market growth#United States Electric Vehicles Market trends#United States Electric Vehicles Market forecast#United States Electric Vehicles Market price#United States Electric Vehicles Market demand#United States Electric Vehicles Market 2024#United States Electric Vehicles Market 2032#United States Electric Vehicles Market report#United States Electric Vehicles industry
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Excerpt from this Op-Ed from the New York Times:
At first glance, Xi Jinping seems to have lost the plot.
China’s president appears to be smothering the entrepreneurial dynamism that allowed his country to crawl out of poverty and become the factory of the world. He has brushed aside Deng Xiaoping’s maxim “To get rich is glorious” in favor of centralized planning and Communist-sounding slogans like “ecological civilization” and “new, quality productive forces,” which have prompted predictions of the end of China’s economic miracle.
But Mr. Xi is, in fact, making a decades-long bet that China can dominate the global transition to green energy, with his one-party state acting as the driving force in a way that free markets cannot or will not. His ultimate goal is not just to address one of humanity’s most urgent problems — climate change — but also to position China as the global savior in the process.
It has already begun. In recent years, the transition away from fossil fuels has become Mr. Xi’s mantra and the common thread in China’s industrial policies. It’s yielding results: China is now the world’s leading manufacturer of climate-friendly technologies, such as solar panels, batteries and electric vehicles. Last year the energy transition was China’s single biggest driver of overall investment and economic growth, making it the first large economy to achieve that.
This raises an important question for the United States and all of humanity: Is Mr. Xi right? Is a state-directed system like China’s better positioned to solve a generational crisis like climate change, or is a decentralized market approach — i.e., the American way — the answer?
How this plays out could have serious implications for American power and influence.
Look at what happened in the early 20th century, when fascism posed a global threat. America entered the fight late, but with its industrial power — the arsenal of democracy — it emerged on top. Whoever unlocks the door inherits the kingdom, and the United States set about building a new architecture of trade and international relations. The era of American dominance began.
Climate change is, similarly, a global problem, one that threatens our species and the world’s biodiversity. Where do Brazil, Pakistan, Indonesia and other large developing nations that are already grappling with the effects of climate change find their solutions? It will be in technologies that offer an affordable path to decarbonization, and so far, it’s China that is providing most of the solar panels, electric cars and more. China’s exports, increasingly led by green technology, are booming, and much of the growth involves exports to developing countries.
From the American neoliberal economic viewpoint, a state-led push like this might seem illegitimate or even unfair. The state, with its subsidies and political directives, is making decisions that are better left to the markets, the thinking goes.
But China’s leaders have their own calculations, which prioritize stability decades from now over shareholder returns today. Chinese history is littered with dynasties that fell because of famines, floods or failures to adapt to new realities. The Chinese Communist Party’s centrally planned system values constant struggle for its own sake, and today’s struggle is against climate change. China received a frightening reminder of this in 2022, when vast areas of the country baked for weeks under a record heat wave that dried up rivers, withered crops and was blamed for several heatstroke deaths.
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You’re president of the United States for a single 4-year term. You have full majority in the House and Senate. What are you (planning on) doing?
For me:
Immediately cutting weapon supplies to Israel and redirecting them to Ukraine so they can fight Russia (likely by declaring martial law)
Pass a federal law that states that you cannot prevent someone from getting an abortion before sixteen weeks of pregnancy as well as you cannot ban someone from using contraceptives
Add gay marriage as a constitutionally protected right (worded along the lines of ‘two people of consenting age are allowed to be together no matter their gender unless circumstances, such as abuse or large age gap including an inappropriate age for one party, occur)
Make school lunches free for as many states as possible
Improve the border situation by adding additional entry points along the border for people seeking asylum
Tax large corporations and rich billionaires higher than the average citizen, lower taxes for lower middle class and lower class citizens, and prevent housing companies from buying/owning more than 1000 houses on the market at any given time. (This will help stop inflation on house prices and potentially even bring it down)
Raise the age of consent to 18 in all states.
Prevent curfews being lawfully in place for people of a specific gender, sexuality, or race (probably by making it unconstitutional)
Decrease funding for the whole military (and put it mostly towards the Coast Guard), continue the disassemble of nuclear weapons (we do not need 500,000 nukes. It’s not useful. And there are better, deadlier, more effective weapons the US has at its disposal that don’t cause radiation and kill the environment for decades)
Improve funding for the study of ADHD and other neurological conditions to reduce false diagnosis while increasing access to the proper medical care and/or treatment needed to identify them
Address climate change by providing extra tax breaks to people with solar panels and/or ZEV’s. (Short for Zero Emission Vehicles) this would include electric cars, and also hybrid cars.
Add term limits for senators and house representatives (2 terms for the Senate, 4 for the House) and make it so the Supreme Court no longer serves for life, but for 3 major election cycles (12 years).
A federal law that if, after 7 years, a debt that has interest is not paid off but the original cost of the debt was, the debt is canceled.
That’s all I could think of, but what are you guys considering? Under the cut are people I follow on my main account or are friends with (I’m not telling you what my main account is though, just know I follow you)
@mrvolition @the-official-goose-god @wikipedia-the-official @maryland-officially @houston-official
@just-ray @walmart-the-official @bingle-official @tameable50
@wannabelaika @ohio-thestate @definitely-mihoyo
#us politics#your vote matters#vote blue#but remember to push her for the policies you want#be the change you want to see in the world#anyways yeah#fuck the haters
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Dean Obeidallah at The Dean's Report:
“The one big thing nobody is talking about: Did Elon want to shut the government down because of his business deals with China?” That was the first line of Rep. Jim McGovern (D-Mass) multi-part statement Saturday posted on Elon Musk’s platform, X--ironically enough. A similar point was also made Friday by Rep. Rosa DeLauro (D-CT)—the ranking minority member of the House Appropriations Committee-in a detailed letter to leaders of the House and the Senate. What was the issue the two were flagging? As Rep. McGovern wrote: “The original funding bill (that he [Musk] killed) included what’s called an “outbound investment” provision—which would limit & screen U.S. money flowing to China. That would have made it easier to keep cutting-edge AI and quantum computing tech—as well as jobs—in America. But Elon had a problem.” DeLauro gave even more context to this provision vetting investments in China: “This outbound investment provision was agreed to after months of bipartisan, bicameral negotiations and years of advocacy from Members of Congress. It would have kept innovation and manufacturing in semiconductors, artificial intelligence (AI), quantum computing, and other cutting-edge technologies in the United States and prevented wealthy investors from continuing to offshore production and U.S. intellectual property into China – benefiting only their bottom lines and the Chinese Communist Party.” But Musk—per these two members of Congress—led the charge to block this proposed legislation because as McGovern accurately noted, Musk’s “second-largest market is China. He’s building huge factories there. His bottom line depends on staying in China’s good graces.” The result was that when the new budget deal was agreed upon Friday, guess what was missing? Yep, the provision that would’ve been bad for Musk’s business deals with the Chinese Communist Party—which is in essence Musk’s business partner as the NY Times detailed earlier this year in an article titled, “How Elon Musk Became ‘Kind of Pro-China.’” (Musk’s exact words.)
Rep. DeLauro explained in more detail the financial incentive behind Musk’s action to block this provision: “Musk’s car company, Tesla has poured billions of dollars into investments in China, particularly its “gigafactory” in Shanghai. The Shanghai plant is Tesla’s largest car manufacturing facility – the Chinese gigafactory produced about 50 percent of Tesla’s global automobile output over the last year.” DeLauro continued, “And in May of this year, Tesla broke ground on a new $200 million factory to manufacture large batteries critical to its electric vehicle supply chain…Notably, proponents of regulating U.S. investment in China have advocated for the inclusion of large battery manufacturing in the list of technologies subject to outbound investment screening.” Yep, these new law could’ve impacted Musk’s new business venture per DeLauro.
Rep. McGovern also raised concerns about Musk’s future business plans involving China, explaining Musk “wants to build an AI data center there too—which could endanger U.S. security.” Importantly, DeLauro detailed for all to see Musk’s documented personal relations with the Chinese Communist Party, noting, “Musk has ingratiated himself with Chinese Communist Party leadership.” For example, she cited Musk’s close ties with “Chinese premier Li Qiang, who helped rush the construction of Tesla’s Shanghai gigafactory.” DeLauro concluded her letter by writing, “It is extremely alarming that House Republican leadership, at the urging of an unelected billionaire, scrapped…this critical provision to protect American jobs and critical capabilities.” Adding, “This is particularly concerning given Elon Musk’s extensive investments in China in key sectors and his personal ties with Chinese Communist Party leadership, and calls into question the real reason for Musk’s opposition to the original funding deal.”
[...] In fact, even a well-known Republican raised alarm bells about Musk’s loyalty to Beijing. Vivek Ramaswamy--who Trump tapped with Musk to co-head the newly created Department of Government Efficiency--was publicly warning in 2023 that Musk was a puppet for the Chinese Communist Party. As CNN recently reported, Ramaswamy was concerned that “Tesla is increasingly beholden to China,” adding damningly, “I have no reason to think Elon won’t jump like a circus monkey when [China’s leader] Xi Jinping calls in the hour of need.” The GOP silence on Musk’s extensive ties to the Chinese Communist Party is beyond hypocritical given that for years Republicans have slammed China as a threat. For example, in January 2023, the House GOP created “The Select Committee on the Chinese Communist Party” designed to address the “threat posed by the Chinese Communist Party and develop a plan of action to defend the American people, our economy, and our values.” Earlier this year, the House GOP led the charge to ban Tik Tok from having access to the United States--which was signed into law and goes into effect Jan. 19, 2025 unless the Chinese company that owns the social media platform sells it to a non-Chinese company. But when it comes to Musk, the GOP doesn’t care that he has documented ties to top Chinese Communist Party officials.
CCP puppet and de facto “President” Elon Musk helped block the original CR to protect his business deals with the Chinese government, because it had an “outbound investment” provision that would screen any US money sent to China.
#Elon Musk#China#Vivek Ramaswamy#GOP Hypocrisy#Tesla#President Musk#Rosa DeLauro#Jim McGovern#CCP#US/China Relations#TikTok Ban#TikTok#DOGE#Department of Government Efficiency
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LETTERS FROM AN AMERICAN
January 1, 2025
Heather Cox Richardson
Jan 01, 2025
Twenty-five years ago today, Americans—along with the rest of the world—woke up to a new century date…and to the discovery that the years of work computer programmers had put in to stop what was known as the Y2K bug from crashing airplanes, shutting down hospitals, and making payments systems inoperable had worked.
When programmers began their work with the first wave of commercial computers in the 1960s, computer memory was expensive, so they used a two-digit format for dates, using just the years in the century, rather than using the four digits that would be necessary otherwise—78, for example, rather than 1978. This worked fine until the century changed.
As the turn of the twenty-first century approached, computer engineers realized that computers might interpret 00 as 1900 rather than 2000 or fail to recognize it at all, causing programs that, by then, handled routine maintenance, safety checks, transportation, finance, and so on, to fail. According to scholar Olivia Bosch, governments recognized that government services, as well as security and the law, could be disrupted by the glitch. They knew that the public must have confidence that world systems would survive, and the United States and the United Kingdom, where at the time computers were more widespread than they were elsewhere, emphasized transparency about how governments, companies, and programmers were handling the problem. They backed the World Bank and the United Nations in their work to help developing countries fix their own Y2K issues.
Meanwhile, people who were already worried about the coming of a new century began to fear that the end of the world was coming. In late 1996, evangelical Christian believers saw the Virgin Mary in the windows of an office building near Clearwater, Florida, and some thought the image was a sign of the end times. Leaders fed that fear, some appearing to hope that the secular government they hated would fall, some appreciating the profit to be made from their warnings. Popular televangelist Pat Robertson ran headlines like “The Year 2000—A Date with Disaster.”
Fears reached far beyond the evangelical community. Newspaper tabloids ran headlines that convinced some worried people to start stockpiling food and preparing for societal collapse: “JANUARY 1, 2000: THE DAY THE EARTH WILL STAND STILL!” one tabloid read. “ALL BANKS WILL FAIL. FOOD SUPPLIES WILL BE DEPLETED! ELECTRICITY WILL BE CUT OFF! THE STOCK MARKET WILL CRASH! VEHICLES USING COMPUTER CHIPS WILL STOP DEAD! TELEPHONES WILL CEASE TO FUNCTION! DOMINO EFFECT WILL CAUSE A WORLDWIDE DEPRESSION!”
In fact, the fix turned out to be simple—programmers developed updated systems that recognized a four-digit date—but implementing it meant that hardware and software had to be adjusted to become Y2K compliant, and they had to be ready by midnight on December 31, 1999. Technology teams worked for years, racing to meet the deadline at a cost that researchers estimate to have been $300–$600 billion. The head of the Federal Aviation Administration at the time, Jane Garvey, told NPR in 1998 that the air traffic control system had twenty-three million lines of code that had to be fixed.
President Bill Clinton’s 1999 budget had described fixing the Y2K bug as “the single largest technology management challenge in history,” but on December 14 of that year, President Bill Clinton announced that according to the Office of Management and Budget, 99.9% of the government's mission-critical computer systems were ready for 2000. In May 1997, only 21% had been ready. “[W]e have done our job, we have met the deadline, and we have done it well below cost projections,” Clinton said.
Indeed, the fix worked. Despite the dark warnings, the programmers had done their job, and the clocks changed with little disruption. “2000,” the Wilmington, Delaware, News Journal’s headline read. “World rejoices; Y2K bug is quiet.”
Crises get a lot of attention, but the quiet work of fixing them gets less. And if that work ends the crisis that got all the attention, the success itself makes people think there was never a crisis to begin with. In the aftermath of the Y2K problem, people began to treat it as a joke, but as technology forecaster Paul Saffo emphasized, “The Y2K crisis didn’t happen precisely because people started preparing for it over a decade in advance. And the general public who was busy stocking up on supplies and stuff just didn’t have a sense that the programmers were on the job.”
As of midnight last night, a five-year contract ended that had allowed Russia to export natural gas to Europe by way of a pipeline running through Ukraine. Ukraine president Volodymyr Zelensky warned that he would not renew the contract, which permitted more than $6 billion a year to flow to cash-strapped Russia. European governments said they had plenty of time to prepare and that they have found alternative sources to meet the needs of their people.
Today, President Joe Biden issued a statement marking the day that the new, lower cap on seniors’ out-of-pocket spending on prescription drugs goes into effect. The Inflation Reduction Act, negotiated over two years and passed with Democratic votes alone, enabled the government to negotiate with pharmaceutical companies over drug prices and phased in out-of-pocket spending caps for seniors. In 2024 the cap was $3,400; it’s now $2,000.
As we launch ourselves into 2025, one of the key issues of the new year will be whether Americans care that the U.S. government does the hard, slow work of governing and, if it does, who benefits.
Happy New Year, everyone.
LETTERS FROM AN AMERICAN
HEATHER COX RICHARDSON
#Con Man#Mike Luckovich#Letters From An American#heather cox richardson#history#American History#Y2K#do your job#the work of government#Inflation Reduction Act#technology management#the hard slow work of governing
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New York CNN — Tesla has beaten back previous efforts by workers to unionize – but the United Auto Workers hopes a successful strike against Ford, General Motors and Stellantis could help it organize at Tesla. UAW membership has declined in recent decades, and the auto industry is moving to electric vehicles. EV battery and production plants thus far in the United States are mostly non-union. To grow, the UAW will have to make inroads at EV plants. “Tesla is the biggest threat in the long term to UAW wages and benefits. UAW doesn’t have any choice but to take on [Tesla],” said John Logan, a professor of labor and employment studies at San Francisco State University. Tesla controls around 60% of the electric vehicle market in the United States, and Detroit and foreign automakers in the South are racing to catch up. Tesla workers earn on average about $55 an hour in wages and benefits, compared to $66 to $71 an hour at Detroit’s Big Three, according to industry estimates. Workers have attempted to organize at Tesla at least three different times. But the company, led by Elon Musk, has been difficult for unions to break into because of weak protections for labor organizing in the United States; Tesla’s aggressive tactics; and Tesla’s strategy of granting factory workers stock options, a rarity in the auto industry. “Tesla will go to extraordinary lengths to prevent unions,” Logan said. Tesla did not respond to CNN’s request for comment.
#news#us news#uspol#us pol#tesla#elon musk#unions#unionize#union strong#uaw#united auto workers#uaw strike#unionize tesla#unionize your workplace
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Nina Marchenko was in her kitchen when a bomb fell on her cottage. It blew off the roof, demolished the concrete summer house in the garden, and killed her dog, Tulik. Bits of fence were tossed into the air. “There was smoke and that was it,” she said. “A woman died in another strike nearby. I can only curse Vladimir Putin. He’s driven us from our house.”
Last week, Marchenko and her disabled husband, Misha, fled their home in Kupiansk, in the north-east of Ukraine. The Russian army seized the city in the early days of Putin’s 2022 invasion. Ukrainian soldiers took it back eight months later. For most of the last two years the frontline – across the Oskil River and a series of rustic hamlets – barely changed.
In recent weeks, however, the Russians have been advancing. Across the frontline, Ukrainian defences are crumbling at the fastest rate since 2022. In October, Russia swallowed nearly 310 miles (500km) of Ukrainian territory including more than 15 sq miles around Kupiansk. Two-thirds of these losses of territory have been in the neighbouring Donetsk region. Ukraine’s southern sector there is close to collapse.
Russian combat units are now less than two miles from Kupiansk. A little to the south, troops have already reached the Oskil River, turning Ukrainian-controlled territory on the left bank into two separate and shrinking bulges. Bridges across the river are relentlessly bombed. Moscow’s apparent plan is to flatten Kupiansk and then reoccupy it.
Speaking from an office bunker, Kupiansk’s military-civilian mayor, Andriy Besedin, described the situation on the eastern side of the Oskil as “critical”. He said 1,400 people were refusing to evacuate from their homes, despite having no electricity, water or gas. Most were elderly people. They were not pro-Russian, Besedin suggested, but simply unwilling to move out or listen to anxious relatives.
“We are going flat to flat and driving around with loudspeakers. We say: ‘Please leave. We don’t know what will happen tomorrow,’” he said. “The pensioners think the Russians won’t hurt them. We tell them the situation is different from 2022 and that they will get killed.”
“I hope when the weather changes and it’s cold they will finally exit,” Besedin added.
Since the beginning of October the situation in Kupiansk became dramatically worse, the mayor said. Russian kamikaze drones were flying above the city, targeting people waiting at bus stops. “We can’t deliver humanitarian aid. They see a pick-up and hit it with a drone. You can’t outrun them,” Besedin said. About 2,200 residents remained, as missiles crashed around them.
Recently a Russian warplane dropped a 1,500kg guided bomb on the civic building next to Besedin’s office, killing three people. The decorative brick structure was a sprawling mess. Was the Kremlin trying to target the mayor personally? “Yes,” Besedin said. “They’ve tried several times.” Other missiles have struck Kupiansk’s museum, football ground, meat factory, market and palace of culture.
Ukraine was battling against terrorism and dictatorship, Besedin said, and a malevolent axis of countries that included Russia, North Korea and Iran.
“Our guys are fighting for every centimetre. Unfortunately the civilised world isn’t giving us enough weapons. What about democratic values? Stopping Russia is our collective responsibility. If we fail, Putin will attack the Baltic states and Poland,” he said.
Soldiers said conditions on the frontline were tough. “We don’t have enough to shoot with. They fire 10 shells for our one,” said Oleksandr Isaiev, a 59-year-old sapper. The Russians had more personnel and armoured vehicles, he said, and dropped between eight and 12 KAB glided bombs a day on his position. “If one lands on you, you’re dead. They make a hole 5 metres deep and 10 metres’ across,” he said.
Isaiev expressed frustration at the west’s so-called “red lines” and the Biden administration’s persistent refusal to allow Kyiv to hit targets deep inside Russia with US-supplied munitions. The UK and France have not lifted restrictions either. “We have the rockets. But we can’t use them to wallop Russian airfields,” Isaiev said. “Until the US gets over its nervousness, we will lose territory.”
With too few conventional weapons, Ukraine is trying to hold the line using drones. Oleksandr Ivantsov, a drone operator with the 3rd Assault Brigade, said the situation on the left bank was tense. The Russians were constantly trying to storm Ukrainian positions, he said, adding: “There are battles everywhere. Sometimes they succeed. Sometimes they don’t. There are no easy places. They have huge resources.”
This week, streets in Kupiansk were largely deserted. A handful of elderly residents could be seen carrying shopping bags and pushing trolleys. Police on patrol wore body armour. Besedin said he would provide municipal services for as long as possible. “We are fighting on every front: military, administrative and social,” he said. “Everybody is doing what they can. Kupiansk isn’t lost yet.”
Some residents, however, acknowledged it was only a matter of time before the Russians came back. Ksenia Lukyanova said her home city was strategically important and a railway hub. From Kupiansk, a road went south to the town of Izium – occupied and liberated in 2022 – and the garrison city of Sloviansk. Another led to Kharkiv, Ukraine’s second city. To the north was the Russian province of Belgorod.
“During the second world war, Kupiansk was seized and liberated four times. It switched between Soviets and Nazis,” Lukyanova said. Last year a bomb wrecked her home. In September, shrapnel shattered the window of her new apartment in the village of Hrushivka, just outside Kupiansk. “We carry on, keep smiling and try and help each other. Inside we are crying and screaming,” she said. “Our souls hurt.”
Her friend Natalya Surko said most residents in the suburb of Kupiansk-Vuzlovyi were packing up to leave. “At night it’s terrible. You hear a siren and three seconds later an explosion. There’s no time to get dressed. After the first bang, you think: ‘Do I get up or not?’ You don’t.” Surko said she lost her job as Kupiansk’s railway station duty manager when the full-scale war arrived. “I’m paid £40 a month,” she said.
Evacuees from the Kupiansk region are taken to a processing centre in Kharkiv, where they are registered and given medical checkups. Some arrive in their own vehicles; others are brought by minibus or ambulance. So far this month 1,800 people have turned up. Local charities, the UNHCR and the Red Cross dole out emergency parcels. Many of the displaced stay with relatives. Others are allocated dormitories.
The regional administration had issued compulsory evacuation notices to families with children. Lilya Shevchenko, 16, and Nadia Shynkarenko, 14, said they had come from Barove, a left-bank village south of Kupiansk. Every other house was smashed, they said. “The Russians were 30kms away. Now it’s 15 to 20kms. There are a few old ladies left. At night people drive to Izyum and sleep there, because it’s safer,” Lilya said.
She described bombardment as scary but said Russia’s eight-month occupation in 2022 was far worse. “For the first few weeks we had no internet connection. We didn’t know what was happening in Kharkiv. The Russians stole everything. They were drunk. We were afraid to go out on the street.” She last attended school on the day before the invasion, and was studying online, she said.
Queuing up to register, Marchenko said she had left all her belongings behind. “We had a garden with fruit trees and vegetables. But this year it was only weeds because it was impossible to plant anything. As soon as you stepped foot outside they start to shell,” the 72-year-old said. Would she ever go back? “I don’t know. If my house still stands, maybe I will.”
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Strange Chinese trade-war recommendations at US Congress
COMPREHENSIVE LIST OF THE COMMISSION’S 2024 RECOMMENDATIONS Part II: Technology and Consumer Product Opportunities and Risks Chapter 3: U.S.-China Competition in Emerging Technologies The Commission recommends:
Congress establish and fund a Manhattan Project-like program dedicated to racing to and acquiring an Artificial General Intelligence (AGI) capability. AGI is generally defined as systems that are as good as or better than human capabilities across all cognitive domains and would surpass the sharpest human minds at every task. Among the specific actions the Commission recommends for Congress:
Provide broad multiyear contracting authority to the executive branch and associated funding for leading artificial intelligence, cloud, and data center companies and others to advance the stated policy at a pace and scale consistent with the goal of U.S. AGI leadership; and
Direct the U.S. secretary of defense to provide a Defense Priorities and Allocations System “DX Rating” to items in the artificial intelligence ecosystem to ensure this project receives national priority.
Congress consider legislation to:
Require prior approval and ongoing oversight of Chinese involvement in biotechnology companies engaged in operations in the United States, including research or other related transactions. Such approval and oversight operations shall be conducted by the U.S. Department of Health and Human Services in consultation with other appropriate governmental entities. In identifying the involvement of Chinese entities or interests in the U.S. biotechnology sector, Congress should include firms and persons: ○ Engaged in genomic research; ○ Evaluating and/or reporting on genetic data, including for medical or therapeutic purposes or ancestral documentation; ○ Participating in pharmaceutical development; ○ Involved with U.S. colleges and universities; and ○ Involved with federal, state, or local governments or agen cies and departments.
Support significant Federal Government investments in biotechnology in the United States and with U.S. entities at every level of the technology development cycle and supply chain, from basic research through product development and market deployment, including investments in intermediate services capacity and equipment manufacturing capacity.
To protect U.S. economic and national security interests, Congress consider legislation to restrict or ban the importation of certain technologies and services controlled by Chinese entities, including:
Autonomous humanoid robots with advanced capabilities of (i) dexterity, (ii) locomotion, and (iii) intelligence; and
Energy infrastructure products that involve remote servicing, maintenance, or monitoring capabilities, such as load balancing and other batteries supporting the electrical grid, batteries used as backup systems for industrial facilities and/ or critical infrastructure, and transformers and associated equipment.
Congress encourage the Administration’s ongoing rulemaking efforts regarding “connected vehicles” to cover industrial machinery, Internet of Things devices, appliances, and other connected devices produced by Chinese entities or including Chinese technologies that can be accessed, serviced, maintained, or updated remotely or through physical updates.
Congress enact legislation prohibiting granting seats on boards of directors and information rights to China-based investors in strategic technology sectors. Allowing foreign investors to hold seats and observer seats on the boards of U.S. technology start-ups provides them with sensitive strategic information, which could be leveraged to gain competitive advantages. Prohibiting this practice would protect intellectual property and ensure that U.S. technological advances are not compromised. It would also reduce the risk of corporate espionage, safeguarding America’s leadership in emerging technologies.
Congress establish that:
The U.S. government will unilaterally or with key interna- tional partners seek to vertically integrate in the develop- ment and commercialization of quantum technology.
Federal Government investments in quantum technology support every level of the technology development cycle and supply chain from basic research through product development and market deployment, including investments in intermediate services capacity.
The Office of Science and Technology Policy, in consultation with appropriate agencies and experts, develop a Quantum Technology Supply Chain Roadmap to ensure that the United States coordinates outbound investment, U.S. critical supply chain assessments, the activities of the Committee on Foreign Investment in the United States (CFIUS), and federally supported research activities to ensure that the United States, along with key allies and partners, will lead in this critical technology and not advance Chinese capabilities and development....
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The increasing environmental consciousness is positively influencing the market growth. The rising concerns about the environmental impact of traditional internal combustion engine vehicles, especially in terms of greenhouse gas emissions and air pollution, have driven consumers to seek cleaner and more sustainable transportation alternatives.
#United States Electric Vehicles Market#United States Electric Vehicles Market size#United States Electric Vehicles Market share
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i really just can't take any bidenomics reflection about how certain initiatives failed to influence voters seriously if the reflection fails to acknowledge the information crisis and the relative stupidity of the average swing voter--and i give less credence to any political analysis that refuses to frame "democratic failure" as even a little bit the result of republican opposition/electoral wins--
but this article's brief "to be fair" section about the accomplishments of the biden administration's major legislative victories was a neat summation and also sort of shows how rolling back parts of the IRA may not be easy or all that motivating for an already fractious and narrow-majority republican house:
Still, the market-making bills that did pass were momentous. To give credit where due: Biden’s green industrial policy was a technocratic tour de force. Learning from Obama’s fiscal timidity, his staffers understood that lightly nudging markets would not suffice to meet the climate crisis. This is because of what economists call a market failure. Developing foundational technologies is often initially prohibitively expensive, because of low immediate consumer demand or lack of economies of scale. Private investment is unlikely to take the risk—and needs a helping shove (and often some security) from the state. Bidenomics was that shove. The clean energy strategists Lachlan Carey and Jun Ukita Shepard have described the relationship between its three bills in anatomical terms. The CHIPS Act is the “‘brains’ of the operation,” underwriting billions to foundational research in energy biofuels, advanced battery technology, and quantum computing. The Infrastructure Act is the backbone, supporting not only traditional roads, ports, and water infrastructure but also clean hydrogen, low and zero-emission transit buses, and EPA Superfund projects to clean up contaminated sites. The IRA is the financial heart of the machine, subsidizing both the production and consumption of green technology. The lions’ share of federal spending has been directed at foundational research and development and the initial scaling up of markets—the stage, as Carey and Shepard put it, “where private markets are less likely to invest in research, development, demonstration, and early commercialization.”
Bidenomics also aims to onshore entire supply chains. For instance, the Section 45X Advanced Manufacturing Tax Credit supports the domestic production of components for wind and solar energy, battery development, and electric vehicles. Take solar panels: the credit offers $3 per kilogram for manufacturing polysilicon, which transforms sunlight into electricity. Companies turning that element into components for solar cells receive $12 per square meter. The next links up the chain receive credits—ranging from $40 to $70 per kilowatt—based on how much electricity their cells and panels produce. Along with a range of other subsidies for aluminum and other core components, these credits are projected to reduce the costs to producers of domestic solar by more than 40 percent, according to Advanced Energy United, a consortium of green energy businesses. They have been effective: the Bureau of Labor Statistics estimates that wind turbine service technicians and solar photovoltaic installers will be the fastest-growing occupations through 2033. As far as energy and component production goes, the IRA was responsible for some 646 energy projects (either announced or underway) that have produced 334,565 jobs as of August 2024. The Swiss firm Meyer Burger used 45X to complete building facilities in Goodyear, Arizona. The US manufacturer First Solar made a $450 million investment in a new R&D center in Perrysburg, Ohio, which they commissioned in 2024; hiring is underway for an estimated three hundred new positions to be filled this year. Perhaps most impressive, the South Korean corporation Qcells invested more than $2.5 billion on a solar-cell and module production facility in Dalton, Georgia—which anchors a region devastated by the decline of the textile industry. That campus employs two thousand full-time workers who produce 5.1 gigawatts worth of solar panels each year, the most of any site in the country.
Clean energy manufacturing requires semiconductors, which are the building blocks of solar cells as well as the digital components of wind turbines, electric vehicles, and advanced energy storage. Every electric vehicle contains between two to three thousand chips. As the pandemic shortage made clear, US industries relied overwhelmingly on foreign production. This is where the CHIPS Act came in. The legislation granted $50 billion to the Department of Commerce: $11 billion for semiconductor research and development and $39 billion for chip manufacturing and workforce training. The resulting surge of private investment has been impressive. According to the Financial Times, by April 2024 some thirty-one projects worth at least $1 billion had been founded since the act was passed, compared to just four in 2019. By that point the government had spent just over half of the act’s incentives. Since the election the Biden administration has been working to get the rest of the subsidies to businesses. Leading recipients include Intel, Taiwan Semiconductor Manufacturing Co. (TSMC), Samsung, and Micron. In December the commerce department announced that Texas Instruments could receive as much as $1.61 billion in direct CHIPS funding for projects in Texas and Utah. The department now predicts that by 2030 domestic markets could produce a fifth of the world’s chips; until very recently, the US produced none.
[...] The Trump administration could theoretically shut down many of Biden’s green initiatives. But the electoral benefits to Republicans would be unclear: most of the IRA’s recent projects are based in congressional districts with Republican representatives. It’s more likely that they will redirect subsidies to their districts and preferred businesses—including in the extractive sector—and brag about job growth. They are already at it. In 2023, when Kamala Harris appeared at the Qcells plant in Dalton, Representative Marjorie Taylor Greene accused her of “trying to take credit for jobs that President Trump and Governor Kemp created in Georgia back in 2019.”
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Excerpt from this story from RMI:
1. Batteries Become Everybody’s Best Friend
Battery prices continue to drop and their capacity continues to rise. The cost of electric vehicle (EV) batteries are now about 60 percent what they were just five years ago. And around the world, batteries have become key components in solar-plus-storage microgrids, giving people access to reliable power and saving the day for communities this past hurricane season.
2. Americans Get Cheaper (and Cleaner) Energy
State public utility commissions and rural electric co-operatives around the country are taking steps to deliver better service for their customers that also lowers their rates. At the same time, real momentum is building to prevent vertically integrated utilities from preferencing their coal assets when there are cleaner and cheaper alternatives available.
3. A Sustainable Shipping Future Gets Closer
More than 50 leaders across the marine shipping value chain — from e-fuel producers to vessel and cargo owners, to ports and equipment manufacturers — signed a Call to Action at the UN climate change conference (COP29) to accelerate the adoption of zero-emission fuels. The joint statement calls for faster and bolder action to increase the use of zero and near-zero emissions fuel, investment in zero-emissions vessels, and global development of green hydrogen infrastructure, leaving no country behind.
4. Corporations Fly Cleaner
In April, 20 corporations, including Netflix, JPMorgan Chase, Autodesk, and more, committed to purchase about 50 million gallons of sustainable aviation fuel (SAF), avoiding 500,000 tons of CO2 emissions — equivalent to the emissions of 3,000 fully loaded passenger flights from New York City to London. SAF is made with renewable or waste feedstocks and can be used in today’s aircraft without investments to upgrade existing fleets and infrastructure.
5. More and More Places Go From Coal to Clean
Around the world, coal-fired power plants are closing down as communities switch to clean energy. From Chile to the Philippines to Minnesota coal-to-clean projects are creating new jobs, improving local economic development, and generating clean electricity. In September, Britain became the first G7 nation to stop generating electricity from coal — it’s turning its last coal-fired power plant into a low-carbon energy hub. And in Indonesia, the president vowed to retire all coal plants within 15 years and install 75 gigawatts of renewable energy.
6. Methane Becomes More Visible, and Easier to Mitigate
Methane — a super-potent greenhouse gas — got much easier to track thanks to the launch of new methane tracking satellites over the past year. In March, the Environmental Defense Fund launched MethaneSAT, the first for a non-governmental organization, and the Carbon Mapper Coalition soon followed with the launch of Tanager-1. By scanning the planet many times each day and identifying major methane leaks from orbit, these new satellites will put pressure on big emitters to clean up.
7. EVs Speed By Historic Milestones
This past year was the first time any country had more fully electric cars than gas-powered cars on the roads. It’s no surprise that this happened in Norway where electric cars now make up more than 90 percent of new vehicle sales. And in October, the United States hit a milestone, with over 200,000 electric vehicle charging ports installed nationwide.
8. Consumers Continue to Shift to Energy-Efficient Heat Pumps for Heating and Cooling
Heat pumps have outsold gas furnaces consistently since 2021. And while shipments of heating and cooling equipment fell worldwide in 2023, likely due to broad economic headwinds, heat pumps held on to their market share through. And over the past 12 months, heat pumps outsold conventional furnaces by 27 percent. Shipments are expected to continue increasing as states roll out home efficiency and appliance rebate programs already funded by the Inflation Reduction Act – worth up to $10,000 per household in new incentives for heat pump installations. Link: Tracking the Heat Pump & Water Heater Market in the United States – RMI
9. China Reaches Its Renewable Energy Goal, Six Years Early
China added so much renewable energy capacity this year, that by July it had surpassed its goal of having 1,200 gigawatts (GW) of clean energy installed by 2030. Through September 2024, China installed some 161 GW of new solar capacity and 39 GW of new wind power, according to China’s National Energy Administration (NEA). China is deploying more solar, wind, and EVs than any other country, including the United States, which is — by comparison — projected to deploy a record 50 GW of solar modules by the end of 2024.
10. De-carbonizing Heavy Industry
For steel, cement, chemicals and other heavy industries, low-carbon technologies and climate-friendly solutions are not only increasingly available but growing more affordable. To speed this process, Third Derivative, RMI’s climate tech accelerator, launched the Industrial Innovation Cohorts to accelerate the decarbonization of steel, cement, and chemicals. Also on the rise: clean hydrogen hubs — powered by renewable energy — designed to supply green hydrogen to chemical, steel, and other heavy industries to help them shift to low-carbon production processes.
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Silvercorp Metals: A Standout in Silver Mining Amid Rising Demand
Source: mining.com
Category: News
A Silver Surge Driven by Renewables and Geopolitics
Silvercorp Metals has capitalized on the remarkable growth in silver prices in 2024, with its price surging over 25% year-to-date (YTD). Industry analysts attribute this rise to a combination of factors, including increasing industrial demand, especially from electric vehicle (EV) manufacturers, and geopolitical uncertainties. The dollar index’s volatility and conflicts in regions like Ukraine and the Middle East further heightened the appeal of precious metals as a stable investment.
Beyond its traditional investment value, silver’s applications in emerging technologies have expanded. Its use in solar panels, electronics, and advanced healthcare technologies has supported demand growth. According to the Silver Institute, silver consumption for solar energy has more than tripled in five years, rising from 74.9 million ounces in 2019 to a projected 232 million ounces by the end of 2024. This aligns with the broader push for renewable energy and sustainability, positioning silver as a critical resource in the global transition to green energy.
Silvercorp Metals: Poised for Growth
Among leading silver mining stocks, Silvercorp Metals Inc. (NYSE:SVM) stands out for its potential in this thriving market. Industry experts foresee sustained demand for silver in renewable energy and electronics, offsetting uncertainties tied to global economic and monetary policies. Unlike gold, which sees only 10% of its output used industrially, over half of all silver production serves industrial applications. This diverse demand profile enhances silver’s long-term investment appeal.
In 2024, industrial demand for silver is projected to reach a record 700 million ounces, marking a 7% year-over-year increase. This milestone reflects strong growth in industrial applications, jewelry, and silverware. Meanwhile, mine production is expected to rise marginally by 1%, creating a favorable supply-demand dynamic for silver prices. Exchange-traded products (ETPs) tied to silver are also set for their first annual inflows in three years, fueled by anticipated interest rate cuts, periods of dollar weakness, and declining bond yields.
Production Outlook: A Global Perspective
Global silver production is expected to grow modestly by 1% in 2024, reaching 837 million ounces. Key contributors to this growth include Mexico, Chile, and the United States, offsetting reduced outputs from countries like Peru, Argentina, and China. Mexico, in particular, is projected to increase its production by 10 million ounces (a 5% year-over-year rise) to reach 209 million ounces. This uptick is driven by improved mill throughput and upgraded ventilation systems at Pan American Silver’s La Colorada mine, alongside a recovery at Newmont’s Peñasquito mine.
As silver continues to gain traction in industrial and renewable sectors, companies like Silvercorp Metals are well-positioned to capitalize on these trends. With industrial applications and investment demand soaring, the outlook for silver and leading miners in the industry appears promising, making stocks like Silvercorp an attractive consideration for investors.
#silver#gold#jewelry#jewellery#handmade#earrings#silverjewelry#ring#handmadejewelry#rings#style#bracelet#sterlingsilver#coins#jewels#silverjewellery#art#jewelrydesigner#diamond#bullion#design#k#bracelets#m#diamonds#silvercoins
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Foreign Policy Priorities: Kamala Devi Harris’s Positions
— By Council on Foreign Relations
AI and Technology
Harris has played a leading role in developing U.S. policy toward artificial intelligence (AI). The Biden-Harris administration has framed supporting the U.S. technology sector as a matter of national security, even as it has sought to confront large tech companies for alleged unfair market practices.
Harris led the formulation of an executive order requiring companies to share with the government risks they are facing and outlining a framework for the safe use of AI that federal agencies can follow.
She reportedly suggested that leading AI firms agree to voluntary safety commitments, including a pledge to submit their most powerful models for government review; fifteen of them did so in 2023. She also led efforts to develop rules surrounding military use of AI that have been agreed to by more than fifty countries.
The Biden-Harris administration passed the CHIPS and Science Act in August 2022, directing more than $280 billion in funding toward domestic production of advanced technologies and the hardware that underpins their development, such as semiconductors.
The same year, the administration published an “AI Bill of Rights” identifying five principles for the responsible deployment of the technology. Harris says U.S. policy toward AI should both stimulate innovation and protect against “profound harm.”
Harris represented the United States at the first international AI governance summit in London in 2023. The summit produced a joint declaration that seeks to ensure the technology is “human-centric, trustworthy, and responsible.” China has also signed the statement.
The Biden-Harris administration unveiled a new National Cybersecurity Strategy in 2023 that urges U.S. companies to take responsibility for ensuring that their systems cannot be hacked and suggests that they could be held legally liable for not protecting “digital infrastructure.” The strategy also called for expanding U.S. military authorization to preempt foreign cyberattacks.
The administration has asked Congress to create legislation strengthening antitrust enforcement that can be used against large technology firms. The Department of Justice has pursued antitrust cases against Apple, Amazon, Google, and other big tech firms.
The administration has cracked down on cryptocurrencies due to concerns over their utility in evading sanctions, laundering money, and financing terrorism. It has directed the Federal Reserve to explore developing a central bank digital currency (CBDC). Harris is reportedly seeking a “reset” with the crypto sector.
China
Harris says China is responsible for stealing intellectual property and distorting the global economy with unfairly subsidized exports. The Biden-Harris administration has argued that China’s growing influence and aggression in some areas are the leading national security threat to the United States.
Harris says she will ensure that “America, not China, wins the competition for the twenty-first century.” The Biden-Harris administration has placed stringent restrictions on exports of high-tech products to China that it deems critical to national security. It has pressed U.S. partners in the European Union and elsewhere to impose similar measures on Chinese tech.
She argues that the United States should “de-risk,” not decouple, from China, arguing that Washington lost the trade war that began under Trump. The administration has retained $360 billion worth of tariffs on China imposed by Trump and introduced a raft of its own.
These restrictions followed major legislation that subsidized domestic manufacturing of computer chips, electric vehicle parts, and other new technologies. Firms that produce such goods in China are not eligible for U.S. subsidies.
Harris says the Chinese-owned social media app TikTok poses national security concerns. In April 2024, Biden signed a bill that will ban TikTok from the United States if it is not sold by 2025; Harris has said a ban is not the administration’s intention.
In 2022, she said the United States would “continue to support Taiwan’s self-defense” in line with long-standing U.S. policy of “strategic ambiguity” toward the island that China claims as its own.
Her campaign says she helped lead administration efforts to ensure freedom of navigation through the South China Sea and sought closer ties with American allies in the Indo-Pacific, including Australia, Japan, the Philippines, and South Korea. In April 2024, Harris hosted the first-ever trilateral summit between the United States, Japan, and the Philippines.
Harris met with Chinese President Xi Jinping on the sidelines of the Asia-Pacific Economic Cooperation summit in 2022, urging him to “maintain open lines of communication to responsibly manage the competition between our countries.” Under the Biden-Harris administration, the United States and China agreed to pursue policies aimed at tripling global renewable energy capacity.
The Biden-Harris administration unveiled two programs aimed at building infrastructure in lower-income countries to counter China’s Belt and Road Initiative.
As a senator, Harris cosponsored legislation calling on several U.S. agencies to investigate China’s crackdown on the Uyghur ethnic group and the autonomy of Hong Kong.
Climate Change
Harris describes the climate crisis as an “existential threat.” She has supported many of Biden’s climate policies, including his decision to rejoin the Paris Agreement, and cast the tiebreaking vote in the Senate to pass the largest clean energy and climate investment bill in U.S. history.
Harris backed Biden’s decision to return the United States to the 2015 Paris Agreement, under which nearly two hundred countries agreed to reduce their greenhouse gas emissions to limit global temperature rise.
She cast the tiebreaking vote on the 2022 Inflation Reduction Act (IRA), the largest investment in climate-related policies in U.S. history. The bill budgets roughly $370 billion for emissions-reduction efforts, including tax credits and subsidies for clean energy projects. The IRA builds on the 2021 Infrastructure Investment and Jobs Act (IIJA), a $1.2 trillion law to upgrade U.S. infrastructure and spur the adoption of electric vehicles, among other measures.
As part of the IIJA, the Biden-Harris administration created the Civil Nuclear Credit Program to invest $6 billion in existing nuclear energy facilities. In March 2024, the administration announced it will lend $1.5 billion to Michigan to restart a shuttered nuclear plant, the nation’s first such recommissioning.
Harris launched a new partnership between the United States and Caribbean countries that seeks to strengthen energy security, critical infrastructure, and local economies in the region.
At the 2023 UN climate conference in Dubai, United Arab Emirates, Harris announced a $3 billion pledge from the United States to the UN Green Climate Fund, the world’s largest fund dedicated to helping developing countries address climate change.
The Biden-Harris administration created the American Climate Corps, a jobs program that aims to train tens of thousands of young people in high-demand skills for careers in climate action and clean energy. The program is modeled after President Franklin D. Roosevelt’s Civilian Conservation Corps.
The Biden-Harris administration has approved a range of new fossil fuel projects, including an $8 billion oil drilling project in northern Alaska. However, it also announced restrictions on new oil and gas leasing on 13 million acres (5.3 million hectares) of an Alaskan federal petroleum reserve. Under the administration, oil and gas production has continued to grow to historic highs, with the United States becoming the world’s largest crude oil producer.
As a 2020 presidential candidate, Harris put forth a $10 trillion plan that called for net-zero emissions by 2045 and a carbon-neutral electricity sector by 2030. She also pledged to end federal support for the fossil fuel industry and called for a carbon tax and a ban on fracking. Her 2024 campaign said she will not ban fracking.
As a senator in 2019, Harris was an early co-sponsor of the Green New Deal, a nonbinding congressional resolution that aimed to help the United States transition to 100 percent clean energy within a decade, and said she would eliminate the Senate filibuster to pass the deal if needed.
Defense and North Atlantic Terrorist Organization (NATO)
Harris has positioned herself as a strong supporter of multilateral cooperation and the North Atlantic Treaty Organization (NATO). She has emphasized the U.S. commitment to Ukraine and furthered U.S. space policy as chair of the White House National Space Council.
The Biden-Harris administration’s 2022 National Security Strategy [PDF] broadly maintained the Trump administration’s focus on great-power competition with China and Russia. Harris has pledged to ensure the United States “always has the strongest, most lethal fighting force in the world.”
At the Munich Security Conference in 2024, Harris reaffirmed the U.S. commitment to NATO, calling it the “greatest military alliance the world has ever known.” Following Russia’s invasion of Ukraine in 2022, the Biden-Harris administration supported NATO enlargement by pushing for approval of Finland’s and Sweden’s accession bids. (The countries joined NATO in 2023 and 2024, respectively.)
The Biden-Harris administration also formulated an updated Indo-Pacific Strategy [PDF], which pledges to support “a free and open Indo-Pacific.” To that end, the United States has inked a new defense pact with Papua New Guinea and advanced an existing defense agreement with the Philippines. The Biden-Harris administration has also deepened security cooperation with Japan and South Korea, and it held the inaugural in-person summit of the so-called Quad—an alliance comprising the United States, Australia, India, and Japan—which aims to counter China in the Indo-Pacific.
The administration announced a new trilateral pact with Australia and the United Kingdom, known as AUKUS, that seeks to bolster the countries’ allied deterrence and defense capabilities against China, including by supplying Australia with nuclear-powered submarines.
Harris has called for greater involvement with Africa, and in 2023, led a weeklong trip to the continent. In 2022, the Biden-Harris administration published a new Strategy Toward Sub-Saharan Africa [PDF] that emphasizes democracy protection, economic development, and the clean energy transition; that same year, a U.S.-Africa Leaders Summit produced commitments to increase U.S. military aid and training for African governments.
Harris chairs the White House’s National Space Council, which advises the president on space policy and strategy. In 2022, she announced the U.S. commitment to halt anti-satellite weapons tests, which create dangerous atmospheric debris. She has also overseen a large increase in the number of signatories to the Artemis Accords, a global agreement governing space-related activity.
In 2019, she told CFR that the war in Afghanistan “must come to an end.” The Biden-Harris administration withdrew all remaining U.S. troops from the country in August 2021 as part of an earlier deal struck by Trump.
She also told CFR that she would consider some sanctions relief to improve life for North Koreans in exchange for Pyongyang taking “serious, verifiable steps” to denuclearize.
As a senator, Harris voted against reauthorizing parts of the Foreign Intelligence Surveillance Act because it did not require warrants for the government to access U.S. citizens’ information.
Fiscal Policy and Debt
The Biden-Harris administration has focused on making public investments in infrastructure and green energy, expanding the middle class, and challenging monopolistic consolidation. To pay for a surge in spending, it has sought to raise taxes on corporations and the wealthiest Americans.
Harris supported legislation signed by Biden that authorized trillions of dollars in new public spending. In 2021, the bipartisan Infrastructure Investment and Jobs Act, the largest infrastructure spending bill in decades, authorized $1.2 trillion in spending toward U.S. roads, railways, airports, and other infrastructure. Additional subsidies for semiconductor and climate investments have surpassed $800 billion.
Nonpartisan watchdogs expect that the administration’s spending programs will increase the growing federal deficit by more than $1 trillion over the next decade. The deficit is now $1.7 trillion, and the national debt has climbed past $30 trillion, or more than 100 percent of U.S. economic output.
She has backed Biden’s proposals to institute $5 trillion worth of tax increases. She supports raising the top income tax rate, taxing capital gains like income for Americans making more than $1 million, and implementing a wealth tax that would impose a 25 percent levy on individuals with more than $100 million worth of total assets, including unrealized gains. She also favors raising the corporate tax rate from 21 to 28 percent.
Harris says that building the middle class will be a “defining goal” of her presidency. Her proposed policies include raising the minimum wage, eliminating taxes on tips, and creating a newborn child tax credit of up to $6,000 per year. The economic proposals in a fact sheet released by the Harris campaign would add $1.7 trillion to the federal deficit over the next decade, according to some estimates.
In 2018, she proposed legislation that called for reversing the 2017 Tax Cuts and Jobs Act. Many of these cuts are set to expire in 2025; Biden has proposed maintaining cuts for Americans making less than $400,000, a plan Harris now supports.
In 2021, the Biden-Harris administration brokered a global agreement to tax corporations at a minimum of 15 percent, though it is yet to be implemented. A year later, the administration introduced a 15 percent corporate minimum tax on U.S. companies with annual income over $1 billion. Harris supports raising that rate to 21 percent.
The administration has made antitrust policy a priority, challenging alleged monopolies in the aviation, energy, and technology sectors. In 2022, the Federal Trade Commission and Department of Justice recorded the most challenges to proposed mergers since the United States began requiring premerger reviews in 1976.
Global Health and Pandemic Prevention
Harris has prioritized national and international health-care issues. She has long been an outspoken supporter of reproductive rights, advocating for new legislation to restore abortion rights overturned by the Supreme Court. She has also played a role in the administration’s efforts to address the opioid epidemic.
The Biden-Harris administration pursued an aggressive COVID-19 vaccination policy that included free vaccine access and a nationwide vaccine mandate that would have affected most large employers. (The Supreme Court later struck down the mandate.) In 2021, the administration released a national pandemic strategy [PDF] that focused on quickly ramping up vaccine production, protecting essential workers, and expanding access to testing and treatment.
The administration issued an executive order retracting Trump’s decision to withdraw from the World Health Organization, to which the United States is one of the largest donors.
In 2023, Harris convened state attorneys general from across the country to discuss state and federal efforts to address the U.S. opioid epidemic. The Biden-Harris administration has declared synthetic opioid trafficking a national emergency; sanctioned firms and individuals in China, a critical node in the drug’s supply chain; and pushed China and Mexico to do more to stem the flow of fentanyl into the United States.
In 2022, the Biden-Harris administration unveiled a new national biodefense strategy [PDF] that aims to help the United States better prepare for large-scale biological or viral threats that could emerge in the future. The strategy led to the creation of the White House’s Office of Pandemic Preparedness and Response Policy, tasked with coordinating, leading, and implementing pandemic preparedness efforts.
Harris has been a leading voice on reproductive rights. She criticized the Supreme Court’s decision to overturn Roe v. Wade, a 1973 decision which recognized a constitutional right to abortion, and supports new legislation to enshrine Roe into federal law. In 2021, the Biden-Harris administration rescinded the so-called Mexico City policy blocking abortion-related programs from receiving U.S. foreign aid, saying that it undermined U.S. efforts to support women’s health.
As a senator, Harris cosponsored legislation that sought to ban states from imposing restrictions on abortion rights, and she voted against a bill that aimed to ban abortions after twenty weeks.
Immigration
Harris advocates for comprehensive immigration reform. She was tasked with leading the federal effort to address the root causes of migration from Central America, though her comments dissuading would-be migrants from traveling to the United States have created controversy.
Harris has promised to reform the “broken” immigration system, including by bringing back and signing into law the bipartisan border security bill that failed twice in Congress.
Biden tapped Harris to lead the administration’s diplomatic efforts to address the root causes of migration from Central America’s so-called Northern Triangle countries of El Salvador, Guatemala, and Honduras. Since 2021, Harris has helped secure some $5 billion in private sector investment to promote economic opportunities and curb violence in Central America.
During her first international trip to Guatemala and Mexico in 2021, she told would-be migrants thinking about making the dangerous trek to the southern U.S. border “do not come” given the likelihood they would be turned away by border authorities.
The Biden-Harris administration reinstated the Central American Minors program, which has allowed thousands of children from the Northern Triangle to gain refugee status or temporary legal residence before traveling to the southern U.S. border.
The Biden-Harris administration has sought to rebuild the U.S. refugee resettlement program after Trump made large cuts. In fiscal year 2023, the United States welcomed more than sixty thousand refugees, over double the previous year. The administration also created new parole programs that have welcomed tens of thousands of Afghan and Ukrainian refugees to the United States.
The administration has sought to restore asylum access, including by ending daily limits on asylum applications and restoring protections to victims of domestic and gang violence. However, it unveiled a new policy in 2023 that allows the government to deny asylum to migrants who did not previously apply for it in a third country and to those who cross the border illegally. This approach includes new screening centers in several Latin American countries.
In 2024, the administration also issued an order temporarily blocking people who illegally cross the border from seeking asylum once the number of daily crossings exceeds a certain threshold—which it has for much of Biden’s presidency. A separate order also expanded green card access for certain undocumented immigrants who are married to U.S. citizens.
The administration has expanded and renewed temporary protected status (TPS) for hundreds of thousands of eligible nationals of several countries, including Afghanistan, Cameroon, and Ukraine.
The Biden-Harris team has expanded the capacity of some guest worker visa programs in response to the increasing demand for temporary workers.
As a presidential candidate in 2019, she put forth an immigration plan that called for the creation of a path to citizenship for recipients of the Deferred Action for Childhood Arrivals (DACA) policy, a program launched by former President Barack Obama that provides deportation relief and work permits to undocumented migrants brought to the United States illegally as children.
In 2020, she reintroduced the Access to Counsel Act, which would ensure that people held or detained while entering the United States have access to legal counsel. She originally introduced the bill—her first as a senator—in 2017. She also supported legislation that would have expedited the reunification of immigrant families.
Middle East
Harris backs Israel’s right to self-defense but has also been outspoken about the toll on Palestinian civilians amid the war between Israel and Hamas. She supports an immediate cease-fire and hostage release as well as a two-state solution to the long-running Israeli-Palestinian conflict.
Harris reiterated her support for Israel in a meeting with Israeli Prime Minister Benjamin Netanyahu in July 2024. She has welcomed U.S. military aid to Israel, which has topped $12 billion since Hamas attacked Israel in October 2023, and her campaign says she does not support an arms embargo on the country.
Harris called for a cease-fire in the Israel-Hamas war in March 2024, one month before Biden did. She said she supports “Israel’s legitimate military objectives to eliminate the threat of Hamas” but decried the “humanitarian catastrophe” in the Gaza Strip. She has pressed Israeli leaders to do more to protect civilians and has pushed the Israeli government to allow more aid into Gaza.
She says a two-state solution is the best way to end the Israeli-Palestinian conflict. She has called for a “revitalized” Palestinian Authority to govern a unified Gaza and West Bank. She also says Israel needs to hold “extremist settlers” in the West Bank accountable for violence against Palestinians. In February 2024, the U.S. Treasury Department sanctioned four Israeli settlers accused of violence in the West Bank.
In 2021, she affirmed U.S. support for the Abraham Accords, a series of normalization deals between Israel and Arab countries negotiated by the Trump administration.
Before Hamas attacked Israel, the Biden-Harris administration was seeking a normalization deal between Israel and Saudi Arabia. In exchange, Riyadh had asked for formalized U.S. security guarantees, cooperation on a civilian nuclear program, and Israeli concessions toward Palestinians.
As a senator, she supported a 2018 resolution calling on the president to end all military actions in Yemen and voted to block weapons sales to Saudi Arabia. The Biden-Harris administration froze certain offensive arms sales to Saudi Arabia in 2021 before resuming them in August 2024 with a $750 million weapons sale.
She says she will take “whatever action is necessary” to defend U.S. troops against Iran and its proxies. After Iran-aligned forces killed three U.S. service members in Jordan in January 2024, U.S. military forces struck more than eighty-five Iran-linked targets in Iraq and Syria.
In 2019, she told CFR that she would rejoin the 2015 Iran nuclear deal if Iran returned to compliance. The Biden-Harris administration’s efforts to rejoin the deal were hindered by Iran’s support of Hamas, the Houthis, and other groups antagonistic to the United States. After Iran-aligned forces killed three U.S. service members in Jordan in January 2024, U.S. military forces struck more than eighty-five Iran-linked targets in Iraq and Syria.
Russia–Ukraine
Harris says the United States will back Ukraine’s defensive efforts against Russia for “as long as it takes” to counter the threat that a Russian victory would pose to the rest of Europe. She has represented the United States at peace talks on Ukraine and encouraged Congress to give Kyiv tens of billions of dollars in financial assistance.
Harris has condemned Russia’s invasion, saying the United States is “committed to helping Ukraine rebuild” and achieve “a just and lasting peace.” Since 2022, the United States has provided Ukraine with some $175 billion in assistance, including financial, humanitarian, and military support.
In June 2024, Harris represented the United States at a peace summit organized by Ukraine in Switzerland, where she sought to rally global support to pressure Russia to end its war. At the summit, she pledged close to $2 billion in additional aid for Ukraine.
Harris argues that a failure to respond to Russian aggression in Ukraine would embolden other countries considering invasions. She has helped coordinate with Western allies to impose sweeping sanctions, export controls, and other penalties on Russian entities and individuals, including the Russian private military company Wagner Group. The measures have focused on isolating Russia from the global financial system, limiting its energy exports, and hampering its military capabilities.
She says Russia has committed crimes against humanity in Ukraine. In 2019, she told CFR that Russia’s occupation of Crimea is a “severe violation of international norms.”
In 2018, Harris was among more than two dozen Democratic lawmakers who objected to Trump’s decision to withdraw from a 1987 treaty that required the United States and Russia to eliminate their stockpiles of midrange, ground-launched nuclear missiles.
Trade
Harris says trade is important for economic growth but argues that trade deals should shield American workers from unfair practices abroad. The Biden-Harris administration has applied new guardrails on trade aimed at promoting U.S. manufacturing, countering China’s economic rise, and addressing worsening climate change.
Before becoming vice president, Harris said she is “not a protectionist Democrat” and opposed widespread tariffs, which she has argued contribute to inflation. However, the Biden-Harris administration has maintained some $360 billion in tariffs on China that were implemented by Trump and introduced tens of billions of dollars in additional duties.
The Biden-Harris administration has argued that previous trade deals focused too much on boosting corporate profits while exposing U.S. workers to unfair competition. It has sought to strengthen investment in U.S. manufacturing and infrastructure to increase the country’s economic competitiveness.
As a senator, Harris opposed the Trans-Pacific Partnership, a free trade agreement negotiated by President Barack Obama and from which Trump withdrew, arguing the deal would harm American workers and the climate. The Biden-Harris administration has instead sought to negotiate a successor deal that includes cooperation on supply chains but does not eliminate tariffs or increase access to the U.S. market.
She was one of ten senators to oppose the U.S.-Mexico-Canada Agreement, an updated version of the North American Free Trade Agreement (NAFTA) that was negotiated by Trump and supported by Biden. In 2019, she said that she would not sign a trade deal “unless it protected American workers and it protected our environment.”
The Biden-Harris Administration has mobilized the federal government to support strategic domestic industries, an effort known as industrial policy. Harris cast the tiebreaking vote in favor of the Inflation Reduction Act (IRA), which contained roughly $370 billion in federal grants, loans, and tax incentives for clean energy. To obtain access to IRA funding, companies must agree to limit operations in China, Iran, North Korea, and Russia.
In 2022, the administration passed the CHIPS and Science Act directing hundreds of billions of dollars toward U.S. semiconductor manufacturing. It has also imposed a slew of new restrictions aimed at curtailing Beijing’s access to advanced technologies and pushed U.S. allies, including major semiconductor suppliers Japan and the Netherlands, to implement similar restrictions.
Harris has said that she wants to reform the World Trade Organization (WTO). The Biden-Harris administration has pushed for changes to the WTO’s dispute-settlement mechanism even as it has continued Trump’s and Obama’s practice of blocking nominees to its appeals court, saying that China is gaming the system.
#Council on Foreign Relations#CFR Education#Newsletter#Kama Devi Harris#Tim Walz#AI and Technology#China#Climate Change#Defense | North Atlantic Terrorist Organization (NATO)#Fiscal Policy | Debt#Global Health | Pandemic Prevention#Immigration#Middle East#Russia 🇷🇺 | Thug Ukraine 🇺🇦#Trade
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