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The U.S. Department of the Treasury and the Internal Revenue Service released Proposed Regulations on clean electricity production and investment tax credits, known as Tech-Neutral Credits, on May 29, 2024. These credits are key to the Biden Administration’s energy incentives in the Inflation Reduction Act of 2022 and will play an…
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The author, a retired healthcare professional and community activist, is excited about the Inflation Reduction Act and its potential to bring a clean energy future to North Dakota. The act provides tax breaks to new owners of electric vehicles (EVs) and funds a network of EV charging stations across the state. The author notes that the…
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Vermont has become the first US state to pass a law requiring fossil fuel companies to pay for damage caused by climate change. The legislation will affect companies involved in the extraction of fossil fuels or the refining of crude oil attributable to over 1 billion metric tons of greenhouse gas emissions between 1995 and 2024. The…