Frost & Sullivan

MAY 15, 2023

In what may be the clearest sign of the rising economic and political importance of electric vehicles (EVs) to major economies, the US government has put in place rules favoring EVs that meet specific local content requirements for batteries and minerals. Subject to a price cap (i.e., Subject to a price cap (i.e.,

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IBM Business Partners

MARCH 8, 2024

And by 2028, 68 countries will boast renewables as their main source of power. Policies driving development At 2023’s United Nation’s Climate Change Conference (COP28), governments set a goal to triple global renewables power capacity by 2030.

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IBM Business Partners

DECEMBER 12, 2023

billion in 2028. Enterprises demonstrating clear progress in sustainability commitments often receive more support from governing bodies. The Inflation Reduction Act, for example, offers significant tax credits for companies that can capture, and store carbon dioxide emitted from industrial operations.

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Frost & Sullivan

AUGUST 10, 2023

Not only are governments enforcing these targets through legally binding systems, but consumers are becoming increasingly aware of the environmental impact of their actions, pressing companies to incorporate sustainable practices to maximize profit and sales.

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