Inflation Reduction Act

TL/DR - The article discusses the tax breaks available for homeowners who invest in home improvements in the US. According to the Residential Energy Efficient Property Credit, a taxpayer can claim 26% of the cost of installing alternative energy equipment in their residence. This includes solar electric, solar water heating, fuel cells, small…

TL/DR - The US Interior Department has implemented a rule making drilling more costly on federally owned land. Included in these new rules from the Biden administration are increased rental fees for oil companies using public land, a raised proportion of profits from oil going to the government, and higher costs for drillers to abandon wells. The…

TL/DR - The 2024 presidential election is being positioned as a rematch between President Biden and former President Trump, with both candidates displaying hostility toward America's longstanding international trade policy. Trump, in his first term, imposed a $300 billion tariff on Chinese goods, a policy that has remained largely intact under…

TL/DR - Senator Joe Manchin urged President Biden to shift his energy policy messaging and highlight his achievements to garner better success. Manchin, who is an architect of the Inflation Reduction Act (IRA), stated that the US is producing more energy than ever and suggested that Biden should take credit for making the country "energy secure".…