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US Economy
DOE Offers $5M Prize for Solar Manufacturing Training Creation
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U.S. solar manufacturers and training organizations, including community colleges and unions, are set to propose plans for training current and new employees in the solar energy sector. The project, which could involve pre-certification programs, specialized equipment training, or recruitment efforts, is part of a first-of-its-kind…
Biden Targets Big Pharma’s Drug Prices in Union Address
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During his State of the Union address, President Joe Biden announced plans to lower prescription drug…
Part 3: Assessing 1st Year of Farm Policy with Inflation Act Funds
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The future of the Farm Bill, a key legislation for US agriculture, remains uncertain due to unspecified…
Red Tape Hinders Clean Energy Projects, BU Research Shows
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A survey by Boston University’s Initiative on Cities found that 60% of US mayors have seen little or no impact from the Inflation Reduction Act in the first year after its passage, attributing this to the challenging grant application process and the public’s lack of familiarity with the act's details. The act provides close to $370…
Biden’s 5 Domestic Policy Proposals in State of the Union
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President Biden has proposed allowing Medicare to negotiate prices for at least 50 drugs annually, an…
Biden Omits Landmark Climate Law, Dems Unmoved
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President Joe Biden did not mention the Inflation Reduction Act (IRA) in his State of the Union speech,…
Inflation Reduction Act Bolsters Solar Power & Electric Cars
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The Inflation Reduction Act (IRA) is significantly boosting the solar and electric vehicle (EV) industries in the US, according to the Solar Energy Industries Association (SEIA). The US solar industry added a record 32.4 gigawatts (GW) of new electric generating capacity in 2023, a 37% increase from 2021 and a 51% increase from 2022,…
Biden’s Victory Over Big Pharma Reminder
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President Biden's Inflation Reduction Act has significantly impacted Medicare costs, capping insulin…
Biden Urges Expansion of IRA’s Drug Price Negotiation Program
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The Biden administration has proposed an expansion to the Inflation Reduction Act's Drug Price…
US Solar Installations Soar in 2023, First Year of Inflation Act
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In 2023, solar power accounted for over 50% of new electricity capacity added to the US grid for the first time, with a record 32.4 gigawatts (GW) of new electric generating capacity, according to the Solar Energy Industries Association and Wood Mackenzie. This marked a 37% increase from the previous record set in 2021 and a 51% increase…