Browsing Tag

Energy

Granholm Discusses Industrial Strategy in Reno: US Energy Sec

TL/DR - US Energy Secretary Jennifer Granholm emphasized the need for a national industrial strategy during a visit to Northern Nevada. She spoke about the Biden Administration's strategy to subsidize and incentivize new US manufacturing, which would stimulate economic activity and secure domestic supply lines. The strategy is centered on clean…

W.Va. Businesses Urged to Apply for Credit Program

TL/DR - US Sen. Joe Manchin has urged West Virginia manufacturers to apply for the second round of Inflation Reduction Act’s 48C Qualifying Advanced Energy Project Credit program funding. The second round will make up to $6 billion available, with at least $2.5 billion reserved for projects in coal communities. The 48C portal for submitting…

Cruz’s Bill Targets Repeal of Dems’ Natural Gas Tax

TL/DR - Senator Ted Cruz is introducing a bill to repeal the 'natural gas tax' in the Inflation Reduction Act (IRA), which allows the Environmental Protection Agency to impose fines on energy companies that emit more methane than permitted. The bill is supported by several organizations, including the Independent Petroleum Producers of America…

Concern over climate change rises; doubts persist on Biden’s policy

TL/DR - A recent survey shows approximately 45% of U.S. adults are becoming more concerned about climate change. However, there is persistent skepticism about President Biden's Inflation Reduction Act and its incentives for clean energy, with only a small proportion of Americans recognizing personal benefits from the policy. Democrats are more…