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WTO struggles with US–China clean energy competition
The US–China trade battle in the clean energy sector reached a significant legal milestone when China initiated action over the US Inflation Reduction Act (IRA) at the World Trade Organization (WTO) in March. As the world’s two largest economies and greenhouse gas emitters, China and the United States also rank first and second in the world in clean energy investment. US–China competition in clean energy technologies and industries, which are integral to global decarbonisation, has ramped up drastically in recent years. The pursuit of industrial competitiveness across the entire clean energy value chain is no ... (full story)