US Economy

TL/DR - The article asserts that fossil fuel companies are contributing to climate change through harmful emissions, which most significantly impact vulnerable communities. It describes Washington's Climate Commitment Act as a key piece of legislation to combat climate change by requiring polluters to pay for and reduce their carbon emissions.…

TL/DR - The Biden-Harris Administration has allocated $70 million to the State of California to expedite the restoration of the Salton Sea. This investment, part of a larger $250 million federal commitment from the Inflation Reduction Act, is expected to improve wildlife habitat, public health, and water quality at the lake. The funds will be…

TL/DR - The U.S. Commerce Department and the National Oceanic and Atmospheric Administration (NOAA) have allocated $1 million to enhance Arctic climate data collection, particularly in Alaska, which is warming faster than any other U.S. region. The funds come from the 2022 Inflation Reduction Act and will be used to gather grant proposals from…

TL/DR - In 2023, Americans purchased a million fully electric vehicles (EVs) marking the first time that many EVs have been sold in the US in a year. The increase in sales is attributed to the increased variety of EV models available and the Inflation Reduction Act that offers tax credits for EV purchases. Despite the rise, EVs only accounted for…