Even though opinions have moderated in the EU regarding the effect the IRA will have on European companies, some officials still warn that parts of the law are discriminatory.
The EU is still working through how to respond to Biden’s huge climate law, the Inflation Reduction Act (IRA), which will offer as much as $369 billion in handouts and tax credits over the next decade.
The sober forecast echoes the outlooks of Walmart Inc., Target Corp. and Home Depot Inc., which all emphasized uncertainty around consumer spending and the U.S. economy.
Rooted in three core principles of social responsibility, environmental regeneration, and economic success, circular manufacturing is not just theory anymore.
New orders for manufactured goods contracted for the sixth straight month through February, and manufacturing output is down 1.7% from its post-pandemic peak.