Biden’s Climate Tax Breaks Are Popular, Driving Up Law’s Cost

Biden’s Climate Tax Breaks Are Popular, Driving Up Law’s Cost

A law to boost clean energy appears to be more potent than predicted, with big implications for both budget talks and efforts to fight climate change.
Exxon and Chevron Report More Modest Profits as Oil Prices Ease

Exxon and Chevron Report More Modest Profits as Oil Prices Ease

The oil industry enjoyed record profits in 2022 after Russia invaded Ukraine, but the prices of oil and natural gas have fallen sharply in recent months.