on a $3.5 billion battery plant in Michigan.
Biden himself is seeking to reduce China's dominance over clean energy, describing the clean energy transition not only as a necessity to avoid cataclysmic climate change but an opportunity for the United States to lead in a fast-growing industry. The administration and its allies in Congress have committed tens of billions of dollars in federal funding through last year’s Inflation Reduction Act towards creating a U.S. clean energy and critical mineral supply chain.
Speaking before the House Energy and Commerce Committee last month, Lou Pugliaresi, an energy consultant who served on the National Security Council during the Reagan administration, cautioned House members the United States had more to lose in an energy transition than other countries.