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US Economy
White House Boosts Clean Energy Subsidies by 5x for Green Jobs
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The Biden administration has enacted new rules to aid clean energy companies, which the White House argues will help communities tied to the energy sector. The rules establish guidelines for subsidies that qualifying companies can receive under the Inflation Reduction Act as long as they pay prevailing wages, among other conditions.…
Federal Program Offers Clean Energy Incentives to Nonprofits
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The federal government is offering support to schools and nonprofits for investments in cleaner and more…
Biden’s $850M Tech-Driven Plan to Cut Methane Emissions
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The US government is opening bidding for $850 million in grants aimed at helping small oil and gas…
Why Republicans Oppose Electric Vehicles
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President Biden signed the Inflation Reduction Act two years ago, which included ambitious climate measures such as tax credits for electric vehicles and carbon emission caps for the auto industry. However, the adoption of electric vehicles remains concentrated in areas where Democrats are in the majority, with many consumers skeptical of…
Sen. Ernst Queries Biden Signs on Public Projects
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Senator Joni Ernst is questioning why the Biden administration is encouraging federal agencies to place…
Departments Unveil PWA Requirements in Inflation Reduction Act
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The Treasury and IRS released the final rule for compliance with prevailing wage and apprenticeship…
Final Wage Rules for Tax Credit Set under Inflation Reduction Act – Duane Morris LLP
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The U.S. Department of the Treasury and the Internal Revenue Service have issued final rules on prevailing wage and apprenticeship requirements in the Inflation Reduction Act, which allows developers of clean energy projects to claim tax credits up to five times the base incentive if they pay prevailing wages and hire registered…
Inflation Reduction Act Plagued by Funding Mistakes – RealClearMarkets
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The article discusses the funding errors involved in the Inflation Reduction Act. It argues that these…
Exploring the IRA: Complexities and Opportunities
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The energy sector is grappling with the first year of the Inflation Reduction Act (IRA), a pivotal…
Oklahoma seniors seek more Medicare Part D, Advantage options
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The Inflation Reduction Act (IRA) has caused a surge in the cost of almost everything, leading to inflation, according to Harold Haralson, a retired emergency room doctor and former mayor of Norman. Haralson points to the rise in prescription drug premiums for Medicare Part D; a recent study by the Council for Affordable Health Coverage…