U.S.-based manufacturers of solar products say rules issued by the Biden administration on Friday will “cement China’s dominance” over the solar industry
Category: Inflation Reduction Act of 2022
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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.
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After Pandemic Rebound, U.S. Manufacturing Droops
Factories that roared out of the recession have stalled, hampering the economy, even as a new wave of production looms.
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Canada Lands Volkswagen Battery Plant With Billions in Subsidies
Prime Minister Justin Trudeau said the assistance was needed to offset incentives offered by the United States.
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The Debt Ceiling Debate Is About More Than Debt
Republicans’ opening bid to avert economic catastrophe by raising the nation’s borrowing limit focuses more on energy policy than reducing debt.
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What’s in the House G.O.P. Debt Limit Bill
Republicans revealed a proposal on Wednesday that would cut federal spending and unravel parts of the Biden administration’s policy agenda in exchange for lifting the nation’s borrowing cap.
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Electric Vehicle Tax Credit Rules Create ‘Chaos for Consumers’
Buying an electric car has become much more complicated because of restrictions on which models qualify for a federal tax credit of up to $7,500.
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U.S. Car Brands Will Benefit Most From Electric Vehicle Tax Breaks
Rules that take effect on Tuesday will limit the $7,500 credits to electric cars made domestically with minerals from the U.S. or trade allies.
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Automakers Face Test in Reaching U.S. Target for Electric Vehicles
New federal rules are expected to speed the transition to E.V.s, a shift that car companies have embraced but will be challenged to carry out.
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I.R.S. Unveils $80 Billion Plan to Overhaul Tax Collection
The 10-year strategy document outlines a focus on taxpayer services and enforcement efforts on the rich.
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A Push to Turn Agriculture and Farm Waste Into Fuel
Climate change provisions in the Inflation Reduction Act have spurred developers to build ambitious renewable energy projects that turn corn into ethanol and manure into methane.