Energy

TL/DR - 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…

TL/DR - New Tool Helps Michigan Residents Save on Clean Energy Upgrades Monday saw the introduction of a new Michigan-centric calculator by Washington-based nonprofit Rewiring America. This tool enables homeowners and renters to determine potential savings via clean energy incentives and tax credits facilitated by programs like the Inflation…

TL/DR - The article suggests that the U.S. healthcare system should adopt a different approach to insurance coverage, arguing that health insurance should function more like other forms of insurance, covering only significant health crises instead of routine care. The author argues that mandated coverage, required by the Affordable Care Act and…

TL/DR - Orsted, a Danish renewable energy developer, has received a $680 million investment from JPMorgan for two US projects. The funding, facilitated by tax equity financing, will go towards the Eleven Mile Solar Center in Arizona and the Sparta Solar project in Texas. The Inflation Reduction Act, a key component of the Biden Administration's…