BBB Blowback Although word yesterday that U.S. Senator Joe Manchin’s rejection of President Biden’s Build Back Better (BBB) Act appears to be local DC politics, it has international implications for U.S. agriculture. The bill was supposedly how the U.S. would meet the President’s goal of achieving a 50 – 52 percent reduction in GHG emissions by 2030. Unless this ambition is reached, U.S. exporters are faced with “mirror clauses” to be employed by the EU. These measures will punish imports from countries without climate change initiatives as ambitious as those to be imposed on Europeans. BBB involved a series of tax credits to ease industries into cleaner energy use and without it, the Administrati...
From WPI Consulting
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.