Lachlan Carey is a senior associate at RMI.

April 11, 2024

Analysis

The Electric Vehicle Developmental State

BYD exemplifies transformations in Chinese industrial policy

The rise of the Chinese EV industry has been enabled not only by generous government subsidies but also by profound changes in strategy and organization, and in particular by a distinctive revival of vertical integration—at both individual firm and national…

May 20, 2023

Analysis

Green Industrial Strategy

The scale and scope of Biden’s landmark climate investments

The Inflation Reduction Act is the most significant piece of climate legislation in US history. Alongside its three other major legislative achievements, the Biden administration has passed between $500 billion and $1.2 trillion worth of new climate spending, depending on…