US Investing Billions in Green Energy

The US government is spending billions of dollars in subsidies and incentives to support the development and production of green energy and electric vehicles. This investment has led to the establishment of factories across the country, including former coal areas of the Rust Belt, which are now transitioning to battery material production. US manufacturer Ascend Elements has built a factory in Kentucky to produce electric car battery chemicals made from recycled materials. The US government's support and incentives have accelerated the country's ability to be self-reliant in battery production, surpassing Europe in becoming a major player in the market.