POLITICO Energy

Indo-Pacific countries make a play for America’s EV tax credits

Episode Summary

Southeast Asian nations are the latest foreign trading partners looking to access America’s coveted electric vehicle tax credits under the Inflation Reduction Act. But their campaign creates challenges for the Biden administration, which is looking to balance its efforts to deepen economic ties in the Indo-Pacific with its promise of a clean energy transition that will help revitalize American manufacturing. POLITICO’s Steven Overly breaks down the latest negotiations. Plus, the Interior Department finalized an effort to block new oil and gas drilling on federal land surrounding Chaco Canyon, a region in New Mexico culturally important to Native tribes.  Steven Overly covers the intersection of trade and technology for POLITICO. Josh Siegel is an energy reporter for POLITICO. Nirmal Mulaikal is a POLITICO audio host-producer. Alex Keeney is a senior audio producer at POLITICO. Jenny Ament is the executive producer of POLITICO’s audio department. For more news on energy and the environment, subscribe to Power Switch, our free evening newsletter: https://www.politico.com/power-switch And for even deeper coverage and analysis, read our Morning Energy newsletter by subscribing to POLITICO Pro: https://subscriber.politicopro.com/newsletter-archive/morning-energy

Episode Notes

Southeast Asian nations are the latest foreign trading partners looking to access America’s coveted electric vehicle tax credits under the Inflation Reduction Act. But their campaign creates challenges for the Biden administration, which is looking to balance its efforts to deepen economic ties in the Indo-Pacific with its promise of a clean energy transition that will help revitalize American manufacturing. POLITICO’s Steven Overly breaks down the latest negotiations. Plus, the Interior Department finalized an effort to block new oil and gas drilling on federal land surrounding Chaco Canyon, a region in New Mexico culturally important to Native tribes. 

 

Steven Overly covers the intersection of trade and technology for POLITICO. 

Josh Siegel is an energy reporter for POLITICO. 

Nirmal Mulaikal is a POLITICO audio host-producer.

Alex Keeney is a senior audio producer at POLITICO. 

Jenny Ament is the executive producer of POLITICO’s audio department.

 

For more news on energy and the environment, subscribe to Power Switch, our free evening newsletter: https://www.politico.com/power-switch

And for even deeper coverage and analysis, read our Morning Energy newsletter by subscribing to POLITICO Pro: https://subscriber.politicopro.com/newsletter-archive/morning-energy