US Decarbonization and Industrial Transition Summit
President Biden had set an ambitious goal of achieving a “carbon pollution-free” power sector by 2035 and a net-zero emissions economy by 2050. This energy transition will include a significant expansion of renewable and hydrogen power generation, electric vehicle sales, and carbon capture, utilization and storage, largely catalyzed by the $369 billion in clean energy subsidies contained in the November 2022 Inflation Reduction Act (IRA).
The IRA tax credits, grants and loans, seen outside America as highly protectionist, have the potential to establish the US as the world’s leading cleantech investment destination. They are also a major component in the Biden administration’s aim to re-industrialize America, as supply chains and manufacturing processes are incentivized to move closer to one of the world’s largest domestic markets, boosting employment, innovation and economies of scale. What are the transformative investments, partnerships, technologies and business models that will capture the unique opportunities generated by the IRA and the relocation of supply chains? Given the dearth of the metals and minerals critical for power grids and battery storage, is decarbonization at this scale realistic? With the IRA taking center stage in the future of America's industry debate, what are the market implications of a change in administration? How do voters perceive IRA-related investment in their own states?
The Financial Times’ inaugural US Decarbonization and Industrial Transition Summit brought together government officials, financiers, cleantech leaders and senior executives from the energy, mining and commodities sectors, as well as from OEMs and battery manufacturers, for a day of in-depth discussion on securing America’s clean energy future and optimizing its industrial revival.
Featured Sponsors
Our Line Up of Industry Leaders:
FT Moderators
Why Attend?
Secure
Your stake in the US clean energy future by aligning the right investment, partnerships, tech and business models
Benefit
From the government incentives and tax credits in the US e-mobility, renewables and energy-transition industries
Establish
Robust critical metals and technology supply chains to accelerate energy-transition manufacturing in the US
"This investment in environmental justice is real. It also provides tax credits that will create thousands of good-paying jobs — manufacturing jobs on clean energy construction projects, solar projects, wind projects, clean hydrogen projects, carbon capture projects, and more — by giving tax credits for those who build these projects here in America.
Now, let me be clear: This bill would be the most significant legislation in history to tackle the climate crisis and improve our energy security right away. And it’ll give us a tool to meet the climate goals that are set — that we’ve agreed to — by cutting emissions and accelerating clean energy. A huge step forward." - Joe Biden, U.S. President
Key Themes
Partnerships
Partnerships to guarantee access to minerals, secure diversification and share risks on project execution.
Competition
Competition for resources driving new business models such as upstream integration and integration, leasing and recycling
Opportunities
Opportunities in USA renewables and transmission, distribution and storage challenges
Clean Tech
Bolstering domestic clean tech manufacturing with “Made in USA” incentives - can other sectors lend transferable expertise?
Impact
Potential impact of Advanced Manufacturing Production Credit (AMPC) for OEMs
Conquer
Can US automakers overcome early players’ dominance in EVs and batteries’ technology?
Supporting Partners
Speaking Opportunities
Patricia Borges Rotolo
patricia.borges@ft.com
Sponsorship Opportunities
Teresa Aguilar
teresa.aguilar@ft.com
Delegate Services
Phoebe Grant
phoebe.grant@ft.com
© Financial Times Live
FT Live and its journalism are subject to a self-regulation regime under the FT Editorial Code of Practice