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US Economy

Maine officials and advocates celebrate 2nd year of Energy Act – WABI

TL/DR - The Inflation Reduction Act, a clean energy legislation in Maine, is being celebrated on its two-year anniversary by clean energy advocates and elected officials. The Act has been instrumental in the state, leading to lower energy costs and increased access to renewable energy. Officials and advocates hope for continued growth in clean…

Kaine Marks Two-Year Milestone of Inflation Reduction Act

TL/DR - The article is about a celebration marking the two-year anniversary of the Inflation Reduction Act. The Act was pushed forward by Senator Kaine. No further specific details or data about the Act or the celebration are provided in the article excerpt. Kaine Honors Two-Year Anniversary of Inflation Reduction Act Democratic Senator,…

US Government Continues High Spending on Climate – MIT Review

TL/DR - The US government has continued investing heavily in climate-related efforts, despite the Trump administration's attempts to cut these funds. It has been revealed that the 2020 federal budget provides over $13 billion for various climate, clean energy and environmental initiatives, which is $3 billion more than in 2017. The new budget…

White House Adviser: US at ‘Fragile Inflection Point’ for Energy

TL/DR - The White House climate adviser, Gina McCarthy, has stated the US is at a "fragile inflection point" regarding energy. She believes that the Biden administration is attempting to create a clean energy future while also dealing with a fossil fuel past that cannot be immediately abandoned. McCarthy suggests that the private sector has a…