EU states and lawmakers clinched a deal on Tuesday to expand Europe's clean tech production, from solar and wind to carbon capture, as the bloc faces off with China and the United States.Brussels wants to reduce its reliance on China and make Europe more attractive for investment after the United States unleashed a $369 billion bonanza of clean technology subsidies last year.
The legislation requires federal agencies to submit report to Congress about world’s critical minerals and rare earth resources – and who controls them – in bid to address ‘information gaps’ and establish divestment process for American companies.
Prime Minister Justin Trudeau and B.C. Premier David Eby were in Maple Ridge on Tuesday to announce plans to build a new $1.05 billion lithium ion battery plant.