US pours trillions of dollars of public funds into new green industries – BBC News

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US pours trillions of dollars of public funds into new green industries – BBC News

US pours trillions of dollars of public funds into new green industries – BBC News
Pubblicato il Aprile 26, 2023

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US pours trillions of dollars of public funds into new green industries - BBC News

Central to Joe Biden’s reelection campaign is his claim to be transforming the US economy by brining new life to old manufacturing areas.

The US government is pouring hundreds of billions of dollars of public money into the green industries of the future, including electric vehicles, microchips, batteries and renewable energy.

The motivation is partly to counter China’s domination of these industries .

Huw Edwards presents BBC News at Ten reporting by economics editor Faisal Islam in Kentucky.

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