Arctic town's green energy hopes dashed by U.S. policy Mo i Rana, a small Norwegian industrial town near the Arctic Circle, saw its plans for a new electric battery factory disrupted by the Biden administration's ambitious climate legislation. The Inflation Reduction Act, which allocated billions in incentives for clean energy technology, prompted the startup Freyr to shift its focus from Norway to the United States. This move reflects a broader global competition for green industries, with nations offering subsidies to attract companies. The implications extend beyond Mo i Rana, as Europe and Norway risk falling behind in the race for clean energy. The article highlights the challenges faced by the town and its efforts to establish itself as a green energy hub. A global tug of war for green industries has emerged, and the town is at risk of being left behind.