US Economy

TL/DR - U.S. solar manufacturer Suniva will restart its Georgia cell factory next year due to incentives in President Joe Biden's climate law. The company is the latest to commit to new U.S. solar production capacity since the passage of the Inflation Reduction Act (IRA), which subsidizes domestic manufacturing of clean energy equipment. The…

TL/DR - The US Department of Agriculture (USDA) has received 157 letters of interest for its Empowering Rural America New ERA program, which offers financial support for rural communities to upgrade their energy infrastructure. The proposals submitted represent $93 billion in investments and 127 million tons of potential carbon emissions…

TL/DR - In September 2023, the National Institute of Standards and Technology issued regulations to enforce the Creating Helpful Incentives to Produce Semiconductors and Science Act (CHIPS Act) passed by Congress in 2022 to stimulate US semiconductor production. The regulations are designed to prevent funding from the CHIPS Act from indirectly…

TL/DR - For decades, Big Pharma prevented Medicare from negotiating lower drug prices for seniors, leading to high healthcare costs for millions of families. The passing of the Inflation Reduction Act by President Biden and Congressional Democrats has allowed Medicare to negotiate lower prices for seniors' medication. The program resulting from…