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US Economy
Fears rise that Inflation Act funds may not reach intended communities
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Billions of dollars are available in tax credits and federal grants under the Biden Administration’s Inflation Reduction Act, which could help Louisiana community-led organizations and environmental groups reduce electricity bills, fortify homes against natural disasters, and reduce pollution in underserved areas. Concerns have been raised…
Urban tree plans are crucial, says White House adviser
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The city of Charlotte will receive two grants totaling $1.1 million to preserve its tree canopy,…
IRS crackdown on wealthy nets millions in back taxes
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The IRS has announced that it has collected $122 million in back taxes from 100 cases involving…
‘Sessions and McClain to Debate Democrats’ IRS Expansion Impact’
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The Subcommittees on Government Operations and the Federal Workforce, and Health Care and Financial Services, are holding a joint hearing titled “Oversight of the Internal Revenue Service.” The focus will be on how IRS plans to utilize increased funding from the Inflation Reduction Act, and to discuss IRS policies on enforcement, customer…
City’s community forestry to get $11.4m from federal pipeline
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The US Forest Service’s Urban and Community Forestry Grant has provided Boston with $11.4 million in…
ITM Power Expands to US Market Amid Inflation Reduction Act Demand
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London-listed hydrogen firm ITM Power plans to enter the US market due to the potential offered by the…
The drawbacks of solar energy
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The US government's Inflation Reduction Act offers a 30% tax credit on solar panels and eco-friendly technology to encourage greener energy use. However, issues within the solar industry, such as companies going bankrupt, have made maintaining and repairing these panels costly for consumers. There has been a surge in complaints to the…
Appalachian Hydrogen Hub to be Established in West Virginia – Manchin
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The U.S. Department of Energy (DOE) has selected the Appalachian Regional Clean Hydrogen Hub (ARCH2) for…
Black Farmers in Arkansas Fight USDA for Fair Discrimination Relief
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The Black Farmers & Agriculturalists Association (BFFA) has met with black farmers in Arkansas to…
Biden Climate Law Spurs Suniva’s US Solar Factory Restart
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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…