US Economy

Federal Guide on Offshore Wind Tax for Inflation Reduction Act

TL/DR - The Inflation Reduction Act of 2022 encourages investment in renewable energy projects with tax credits, including an additional 10% bonus for projects in "energy communities", areas with a significant fossil fuel industry and high unemployment. The Internal Revenue Service recently released updated guidance to clarify the application of…
Arizona

Nebraska Republicans Advocate for ‘Winner Take All’ Electoral System Again

TL/DR - Nebraska Republicans are advocating for a "winner-take-all" system in presidential elections which could result in an electoral college tie in the 2024 elections. Currently, Nebraska and Maine are the only states that distribute their electoral votes according to the presidential winners of congressional districts. This change in…
US Economy

US Economy’s Decarbonization to Continue, Regardless of Trump’s Election

TL/DR - The article discusses various topics related to the automotive industry. UAW President Shawn Fain reflects on his first year, the introduction of a 32-hour work week, and his relations with Trump. Other topics include a business case for driver distraction, the impact of EPA's truck pollution standards, a eulogy for a late General Motors…
Politics

QAnon Shaman Misses 2024 Arizona Congressional Ballot Eligibility

TL/DR - Jacob Chansley, also known as the QAnon Shaman, won't be running for Congress in the coming year as he failed to submit nomination petitions to the Arizona Secretary of State by the April 1 deadline. 261 other state and federal candidates did meet the deadline, setting up several high-profile and competitive primary races. Among those…