Browsing Tag

business

Inflation Reduction Act Provides Clear Path

TL/DR - 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…

Vermont Mandates Oil Firms to Pay for Climate Change Damage

TL/DR - 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…

US eases EV battery rules, may expand tax credit eligibility

TL/DR - The U.S. government has made changes to rules concerning electric vehicle (EV) tax credits, potentially making more EVs eligible for credits up to $7,500. The Treasury Department has finalized regulations for these credits under the 2022 Inflation Reduction Act, which give automakers more time to comply with provisions regarding where…

University Protests Support Palestine Amid Israel-Gaza Conflict

TL/DR - A pro-Palestinian protest encampment at UCLA was attacked by a group of individuals dressed in black and white masks, who used crude weapons and incendiaries. This information was provided to CNN by William Gude, who filmed the incident, and described the attackers as pro-Israel based on remarks made in the video. Gude also stated that…