What do Biden’s tariffs mean for the energy transition?

News Snapshot:

“What Biden has done is to underscore that he prefers trade protectionism to decarbonizing the economy,” Robert Lawrence, head of the trade policy program at the Harvard Kennedy School, told The Hill. Of the new actions announced this week, Chinese battery exports are likely among the most disruptive single tariff among the new tranche. Pranati Kohli, an analyst on the Trade & Supply Chain team at BloombergNEF, said the tariffs are expected to be particularly impactful on battery deployment — especially batteries used for energy storage, which allow solar and wind power to be used at times when it is...