renewable

Rare earth elements are critical to manufacturing everything from smartphones and electric vehicles to military hardware and renewable energy technology.

If that encounter had been described to Newsom five years ago—when turbine sales were much slower, renewable energy was in favor and electricity demand was flat—he says he probably would have laughed.

Tax credits can also get you a break on renewable power.

Despite these shifts, Beijing continues to dominate the global renewable landscape, accounting for nearly 60% of capacity growth.

“We aim to maximize renewable energy as much as possible, because this will be better for Taiwan’s security,” said Wu Chih-wei, deputy director general of Taiwan’s Energy Administration.