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US Economy
$17M Inflation Act Funding to Protect NE Forests, Fish, Marshes
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The National Park Service (NPS) is set to invest $195 million in Inflation Reduction Act funding to restore and build resilience in lands and waters that are important wildlife and native plant habitats, recreational spaces, and memorials. An estimated $17 million will go towards projects to safeguard national parks in the Northeast in…
Record Solar Installations in 2023 Due to Inflation Act
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For the first time in 80 years, a renewable electricity source has accounted for over 50% of annual…
Impact of Inflation Reduction Act on Biosimilars
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The Inflation Reduction Act (IRA), signed into law in August 2022, has introduced several provisions…
Solar Industry Braces for Potential Trump 2024 Win
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Despite the Republican party's threats to cut the Inflation Reduction Act (IRA), solar industry CEOs are confident that clean energy investments will continue to receive government support. The IRA, which supports clean electricity generation and storage, has been a major boon for the solar industry, with the largest panel manufacturer in…
Crowell Discusses Domestic Content Bonus Credits in Inflation Reduction Act…
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The Government Contracts Legal Forum is a highly regarded legal practice specializing in government…
Chile’s Lithium Products May Get US Subsidies, Says Economy Chief
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Chile anticipates its lithium to qualify for subsidies under the US Inflation Reduction Act, potentially…
Samsung, TSMC concerned over high US project costs
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Foreign giants such as Taiwan Semiconductor Manufacturing Company, Samsung, and LG, initially wooed to invest in the U.S. through incentives provided by the CHIPS Act and the Inflation Reduction Act, are expressing concerns over high costs and subsidy uncertainties. Samsung's $17 billion chipmaking plant in Texas saw costs rise by over $8…
Mintz Health Care: Q1 2024 IRA Update – Second Edition
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The Mintz law firm's second edition of the Mintz IRA Update covers recent developments under the…
Biden’s team ‘regrets’ exacerbating inflation amid reelection…
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The Biden administration has expressed regret for downplaying the effects of inflation, with Treasury…
‘Inflation Reduction Act Sparks US’s ‘Largest Economic Shift’ in Generations’
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Since the Inflation Reduction Act was passed 18 months ago, every dollar contributed by the US government to the transition to clean energy has attracted $5.47 from the private sector. Investments in clean energy have increased at an accelerating rate in the period from October 2022 to September 2023, with $220 billion invested in areas…