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US Economy

Mountain West tribes secure millions for home electrification

TL/DR - The U.S. federal government is investing $72 million from the Inflation Reduction Act to help tribal communities electrify homes and invest in clean energy sources like wind and solar power. The funding will be distributed via the Bureau of Indian Affairs’ Tribal Electrification Program to 21 tribes, with the largest grant of $10 million…

Granholm: Climate law resilient to GOP attacks

TL/DR - Energy Secretary Jennifer Granholm expressed uncertainty over whether a future Republican president and Congress would repeal President Joe Biden's landmark climate law. She emphasized the need to quickly deploy the billions of dollars in grants and tax credits in 2022’s Inflation Reduction Act to make it resilient to future political…

Preparing for the 2025 Energy Tax Discussion

TL/DR - The Tax Cuts and Jobs Act provisions that are set to expire at the end of 2025 have sparked a debate about future tax reform, with emphasis on carbon fees and energy tax credits. A study has suggested that extending the Inflation Reduction Act and adding a moderate carbon fee could lead to efficient decarbonization, but doing so would…

Forecasting Climate Impact: The Next President’s Influence

TL/DR - The article contrasts the climate policies of Biden and Trump, in light of Super Tuesday's results. Biden's administration has implemented significant climate change legislation, including the Bipartisan Infrastructure Law and Inflation Reduction Act, both funding clean energy and climate change mitigation. Meanwhile, Trump's presidency…