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US Economy

German Finance Head Advises US on Spending in Washington

TL/DR - German Finance Minister, Christian Lindner, cautioned his coalition partners against following the US Inflation Reduction Act, arguing that it has not effectively controlled consumer prices in the US. Lindner spoke out against those urging him to ease controls on public spending in order to solve issues such as deteriorating…

Utilizing Tax Equity Transferability via Inflation Reduction Act

TL/DR - The Inflation Reduction Act (IRA) has changed how federal clean energy tax credits are used, allowing them to be bought and sold as cash. The IRA opens up more opportunities for companies seeking tax savings, offering them the chance to participate in a growing tax credit market instead of committing to a lengthy renewable energy…

It should have been tripled

TL/DR - The Inflation Reduction Act (IRA) has helped the U.S. reduce its carbon pollution by 4% annually since its passage in 2022, double the rate from the previous year. The IRA and Bipartisan Infrastructure Law provided $239 billion in funding for clean energy, electric vehicles, building electrification, carbon management and tax breaks for…

Australia’s Inflation Reduction Act

TL/DR - Australia's Labor Party, led by Prime Minister Anthony Albanese, is planning to introduce a green industrial policy aimed at aligning the government with national interests and sovereignty. The Future Made in Australia Act will likely focus on improving the green technology and energy sectors, supporting domestic manufacturing, and…