Funding incentives under the U.S. Inflation Reduction Act of 2022 (IRA) to transition to a clean energy economy are unleashing opportunities for key U.S. allies and partners around the world. In particular, tax credits exceeding 10% of the price of average electric vehicle (EV) sold in the United States are leading to new investments in Mexico and Canada, and have triggered high-level political negotiations from U.S. partners such as the European Union and Japan.Continue Reading Global Spotlight: the IRA’s Implications for Key U.S. Allies
Lorena Montes de Oca is a policy advisor in Covington's Public Policy Practice-Latin America through which she provides strategic advisory and regulatory advice to clients doing business across Latin America.
Lorena, a non-lawyer, has over a decade of experience in public policy and international trade. During this time, she has supported private sector companies and policymakers on a broad range of sectors such as energy, trade and investment, technology, policymaking and economic development.
In addition, Lorena has particular experience in supporting companies with complex cross border projects between the U.S. and Mexico.