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US Economy
Clean lawn & snow equipment statewide discounts begin Jan. 1
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Starting January 1, Colorado businesses selling residential-level electric-powered lawn and snow equipment will receive state tax credits, leading to a 30% decrease in the manufacturer's price for customers. This is part of Senate Bill 23-016 “Greenhouse Gas Emission Reduction Measures”. The move is intended to reduce pollution from…
MO Family Farmers: Inflation Act Funds Not for Factory Farms | AG
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Advocates for Missouri's small family farms have addressed lawmakers about the next Farm Bill, focusing…
Chamber Approves Funding for Border Crossings
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The US government is allocating $50 million from the federal Inflation Reduction Act to fund various…
Maine Plans $72M Energy Rebates to Assist with Bills
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Maine is planning to allocate around $72 million in federal funding from the Inflation Reduction Act for energy and efficiency rebates. The state has surpassed its goal of installing 100,000 heat pumps by 2025 and set a new target of 175,000 additional installations by 2027. Officials are working on making the rebates more accessible to…
Treasury, IRS Propose Rules to Boost Clean Energy Investments
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The U.S. Department of Treasury and the Internal Revenue Service (IRS) have released guidance on the…
US Solar Tax Credit Transfer Market Sees Growth – pv magazine
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The Inflation Reduction Act (IRA) has allowed for the transfer of solar project tax credits from project…
Inflation Reduction Act Cuts Drug Costs via Price Negotiation
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Bret Jackson, CEO of the Economic Alliance for Michigan, discussed the Inflation Reduction Act and its impact on healthcare in an interview with Pharmacy Times. He noted key aspects of the IRA such as the $35 cap on insulin, the cap on out-of-pocket costs for Medicare Part D that will come into effect in 2024, and the fact that drug…
Push Legislators for Fair Clean Energy Transition – Union of Concerned…
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The Union of Concerned Scientists article urges readers to encourage their legislators to support a clean…
US Inflation Data Suggests Possible Soft Landing for Economy
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The US Federal Reserve, under the leadership of Jay Powell, seems to have successfully engineered a "soft…
Offshore Wind at Crossroads: High Costs, Supply Issues Halt Projects
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The UK has dropped from the top spot to seventh in the Renewable Energy Country Attractiveness Index (RECAI) due to difficulties in the offshore wind sector. Global project costs have risen by 39% since 2019, and the UK's maximum strike price was not enough to attract developers, causing a setback in reaching its target of 50GW of…