Energy

TL/DR - The U.S. Chamber of Commerce and the American Petroleum Institute, both influential business lobby groups, are ready to support some parts of President Biden's climate law, specifically the Inflation Reduction Act, if Republicans regain the presidency. They now back the provisions of the act that offer tax breaks for clean energy…

TL/DR - The Inflation Reduction Act funding is set to stimulate home energy improvements for American households, with twelve states accessing their share of nearly $9 billion in federal Home Energy Rebates. This funding will support energy efficiency upgrades and new appliances in low- to moderate-income households. Rebate recipients will…

TL/DR - The Marquette Board of Light and Power stated that potential legislation could help fund Michigan's energy requirements. This legislation could mandate electricity boards to pay $2 per meter to Lansing, the capital of Michigan, and the collected funds would be redistributed statewide for energy needs. A similar law already exists that has…

TL/DR - A Vanderbilt study emphasizes the significance of household actions in reducing carbon emissions, with data from 2021 showing households account for around a third of U.S. CO2 emissions. The researchers concluded that a small proportion of funds from the Infrastructure Investment and Jobs Act (IIJA) of 2021 and Inflation Reduction Act…