US Treasury moves to restrict hydrogen tax breaks offered by IRA
Guidance tightens criteria to qualify for subsidies in Joe Biden’s landmark Inflation Reduction Act
Renewable energy
Writer Francis Spufford: ‘I’m a sucker for a redemptive arc’
The author on borrowing from life, the joy of fictional ‘gizmos’ — and why we need more stories
Lunch with the FT
Disappearing ether
Plus, updates on FTX, BlackRock, Tether and Three Arrows Capital
Fintech
UK advertising watchdog bans Equinor from repeating green claims
Norway’s state-backed energy company falls foul by overstating environmental credentials
Renewable energy
British retail sales beat forecasts ahead of key Christmas period
ONS registers fastest month-on-month growth in November since start of 2023
UK retail sales
Schaeffler CEO warns of concerns beyond Germany over Berlin pulling green funding
Head of car component maker points to international customers ‘unease’ amid EV transition
Electric vehicles
COP28: where do greener investors go from here?
Options abound as the world transitions to cleaner energy sources
Renewable energy
Better luck next time, SoftBank
Plus, how JPMorgan star Nicolas Aguzin lost his shine at HKEX and a landmark ruling for European football
Mergers & Acquisitions
US policymakers are turning up the heat on TikTok
Increasingly, they view the platform as a Chinese tool to manipulate American minds
Social Media
Vattenfall sells North Sea wind developments to RWE in £1bn deal
UK disposal by Swedish group to German utility highlights divergent views on sector
Renewable energy