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US Economy
6 US Universities’ Group Aims to Boost Weather Forecasting
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The Commerce Department and National Oceanic and Atmospheric Administration (NOAA) have announced $6.6 million in funding for a working group of American universities aimed at improving weather forecasting. The group, named the "Consortium for Advanced Data Assimilation Research and Education" (CADRE), will include six universities and…
Greenhouse Gas Reduction Investments Boost Main Streets – Forbes
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The article discusses the benefits of investing in greenhouse gas reduction initiatives and how it can…
Can Big Business Save Democrats’ Climate Law?
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Republicans may hesitate to dismantle President Joe Biden's climate law, the Inflation Reduction Act, due…
Federal government aids Montana’s wood products industry
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The US Forest Service has provided $5m in financial aid to the Montana wood products industry as part of the Bipartisan Infrastructure Law and Inflation Reduction Act. Eight companies, including sawmills, wood product manufacturers, and logging operations, received grant money for innovation and infrastructure assistance, which is aimed…
Sherrod Brown Contrasts Biden on China: Punchbowl
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U.S. Senator Sherrod Brown has been noted for his push for more stringent policies on China, particularly…
BEHRENS: Inflation Act Supporters Must Also Bear Costs
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The article discusses the Inflation Reduction Act (IRA) signed by President Joe Biden two years ago. It…
IRS Updates Guidance for Inflation Reduction Act
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The IRS issued Notice 2024-41 on May 16, 2024, modifying its guidance on the application of rules that taxpayers must follow to qualify for domestic content bonus tax credit amounts under the Inflation Reduction Act. The new notice introduces a New Elective Safe Harbor, providing an objective calculation method for the domestic cost…
Chemists Pursue ‘Clean’ Ammonia as Alternative Shipping Fuel
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Ammonia production, which accounts for 2% of global greenhouse gas emissions, could become cleaner due to…
Anuzis: Biden’s plans increase costs for seniors
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The article criticizes President Joe Biden's spending and health care policies, arguing they have…
EU Should Challenge U.S. Inflation Act at WTO, Says Lawmaker
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The European Union (EU) should file a complaint with the World Trade Organization (WTO) regarding the United States' green energy subsidy package, according to the head of the European Parliament's trade committee. EU members believe the $430 billion bill, which includes generous tax breaks for U.S. companies, could disadvantage European…