BHP rejects activist fund Elliott urge to spin off US oil assets
Company says the associated risks of spinning off about $22 billion of its US oil assets and listing them in New York would significantly outweigh any potential benefits.
To win the full credit, EV makers have to source in 2023 at least two-fifths of battery materials from the US or free trade agreement partners such as Canada, Chile and Australia or recycle it in North America.
The Petro administration, which took office on Sunday, has proposed a tax reform bill to Congress that would raise $5.8 billion in 2023 in an effort to increase revenue for anti-poverty programs.