US Economy

TL/DR - The United States' clean energy economy grew significantly in 2023 despite economic challenges, with the industry receiving nearly $100 billion in new investments and adding more than 80,000 jobs, thanks to President Biden’s Inflation Reduction Act and increasing demand for clean energy technologies. The legislation led to a surge in…

TL/DR - The Inflation Reduction Act's drug price-setting provisions are said to inhibit clinical programs and innovation, and may also drastically reshape Medicare. Changes under the Act include increased liabilities for private insurance companies who administer Medicare Part D; these companies are expected to respond by raising premiums.…

TL/DR - The Inflation Reduction Act has been noted for its role in lowering Medicare prescription drug prices by allowing the health and human services secretary to negotiate prices directly. However, pharmaceutical companies are suing to prevent this authority in order to protect their profits and retain control over drug pricing. On December…

TL/DR - The article highlights important climate policies and regulations expected to impact businesses in 2024. Developments include changes to the Inflation Reduction Act, such as a transition from specific renewable energy system tax credits to "tech neutral" credits, and updates to the sustainable aviation fuel tax credits and clean hydrogen…