"Unlike businesses, central banks are designed to make money only in the most literal sense." Cracking opening line from Augustin Cartens @BIS_org op-ed in @FT

Ford will not be producing its own batteries in the US until 2025-26 and as such may not receive large direct incentives from the government

As of January 31, Georgia has secured more than $15bn in cleantech projects since the IRA’s passage, topping any other state, ft.com/content/985b1b… https://t.co/TmfS4eoOw4