The short answer is the IRA (Inflation Reduction Act). New policy should back clean energy but instead, American policy backs decision making which, as we see it, will be detrimental in the long term because decision making has only one goal in a capitalistic environment like the US: quarterly returns. And not to fully impeach the IRA, as it will do a lot of good by kickstarting the US hydrogen industry, but this is what it does to American businessmen. At a recent event that Rethink attended in New York organized by Reuters, Global Energy Transition 2023, Todd Becker, the CEO of Green Plains, pointed out that 18 months ago his company wouldn’t have paid much attention to biofuels. What…