Why Biden’s EV tax credit has a China problem

The Biden administration is expected to release a final EV tax credit
rule tomorrow that gives automakers a temporary grace period to keep
buying graphite, a key battery component, from Chinese companies. The
anticipated regulation highlights the difficult balancing act for
President Joe Biden as he looks to achieve his EV adoption goals and
counter China. POLITICO’s James Bikales breaks down the impact of this
rule and the broader political dynamics. Plus, the U.S. Court of Appeals
for the 9th Circuit ordered a lower court judge to end a climate change
lawsuit filed against the federal government by young people for the
second time.

 

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James Bikales is the host of Morning Energy and a reporter for
POLITICO. 

Catherine Morehouse is an energy reporter for POLITICO. 

Nirmal Mulaikal is a POLITICO audio host-producer. 

Annie Rees is a senior audio producer-host at POLITICO. 

Gloria Gonzalez is the deputy energy editor for POLITICO. 

Matt Daily is the energy editor for POLITICO.