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TL/DR - The European Parliament has agreed to the Net Zero Industry Act (NZIA), aiming to make Europe a leader in cleantech and compete with China and the US. The NZIA, set to be operable later this year, covers eight priority areas, including solar and wind power, batteries, carbon capture and storage, and electricity grids, with various…

TL/DR - Republicans in the U.S. Congress faced significant setbacks on various fronts, including military aid to Ukraine and Israel and the impeachment attempt against homeland security secretary Alejandro N. Mayorkas. An effort to pass a bill for $17.6 billion in military assistance to Israel was defeated due to opposition from Democrats and…

TL/DR - A new Treasury Department analysis suggests that the IRS could turn nearly $80 billion in funding from the Inflation Reduction Act into $561 billion in overdue and unpaid taxes collected over the next decade. This estimated revenue could potentially rise to $851 billion if the funding is renewed after it expires in 2031. However, the…

TL/DR - Several Republican Arizona Representatives and U.S. Senate candidate Kari Lake are opposing a bipartisan border security bill, reportedly following former President Donald Trump's lead. Critics of the bill, including Lake, have falsely claimed that the legislation would allow 5,000 illegal immigrants into the U.S. each day. The bill's…