US Economy

TL/DR - The US Department of the Interior has announced a $19m investment from President Biden’s Investing in America agenda to install solar panels over irrigation canals in California, Oregon, and Utah. These projects aim to reduce the evaporation of water supplies while promoting clean energy goals. The largest project, the Delta-Mendota Canal…

TL/DR - China has formally petitioned the World Trade Organization (WTO) for dispute consultations with the U.S. regarding its Inflation Reduction Act. China argues that the U.S.'s tax credits, which promote the electric vehicle and renewable energy sectors, discriminate against imported goods and goods of Chinese origin, violating several trade…

TL/DR - The U.S. Environmental Protection Agency (EPA) has awarded $5 billion from the Greenhouse Gas Reduction Fund to the Coalition for Green Capital, which includes the Connecticut Green Bank. They will use the funds to stimulate public-private investments in environmental infrastructure, helping to reduce greenhouse gas emissions, lower…

TL/DR - The New Democrat Coalition Climate Change and Clean Energy Task Force, chaired by Scott Peters, has issued a statement on the Biden administration's selection of eight applicants to receive $20 billion to establish a national financing network for clean energy and climate solutions. The initiative is part of the $27 billion Greenhouse Gas…