While price increases have cooled over the past year — the inflation rate has dropped from 9% to 3.2% — most economists say little to none of the drop came from the law. read more >
Nearly 80 major clean energy manufacturing facilities have been announced, an investment equal to the previous seven years combined. read more >
President Joe Biden on Friday rolled out a new set of initiatives to reduce health care costs, building on previous initiatives. read more >
The drugmaker is seeking to halt the program, which was laid out in the Inflation Reduction Act and is expected to save taxpayers billions of dollars in the coming years. read more >
Part of the problem is that demand for energy is outstripping increases in supplies in many parts of the world. Powerful energy industry interests also sway decisions about investments in future capacity, often in favor of fossil fuels. read more >
Proposed pollution limits would require at least 54% of new vehicles sold in the U.S. to be electric by 2030. read more >
The Biden administration concedes that fewer electric vehicles will be eligible, but it says that, over time, more EVs and parts will be manufactured in the U.S., creating a domestic supply chain and more jobs. read more >
She joins Envirotech as billions of dollars in incentives become available for electric vehicle manufacturers through the Inflation Reduction Act. read more >
While scientists count it as progress that energy companies will eventually have to accurately measure emissions of the destructive gas, it seems doubtful that this can be achieved within a year, after which the government could fine companies for emitting too much methane. read more >
Last week, Scenic Hill Solar CEO Bill Halter announced a major initiative to make Arkansas a center of solar power that is “American Made, Arkansas Built.” read more >
Overall, 62% of U.S. adults say the government is doing too little to reduce climate change, while 19% say it's doing too much and 18% think it's doing the right amount. read more >
The bill mostly helps the roughly 49 million people who sign up for Medicare's drug coverage. But many will be left out from direct savings after lawmakers stripped cost-savings measures for a majority of those covered by private health insurance. read more >
It's a welcome signal for consumers dealing with high grocery bills and investors hoping to see inflation loosen its grip on the broader economy. read more >
While the Inflation Reduction Act concentrates on clean energy incentives that could drastically reduce overall U.S. emissions, it also buoys oil and gas interests by mandating leasing of vast areas of public lands and off the nation's coasts. read more >
It's something lawmakers and advocates have been seeking for years. read more >
Farmers and Arkansas solar developers are defending a boom in agricultural solar these days as the Russian invasion of Ukraine threatens world grain supplies and sun power awaits new incentives from the Inflation Reduction Act. read more >
Almost half the money raised, $300 billion, will go toward paying down federal deficits. read more >
