Vice President Kamala Harris visited Seattle today to commemorate the one-year anniversary of the Inflation Reduction Act, a measure that is directing billions of dollars into clean energy efforts and…Read More Deploying clean energy is urgent, but hard – here’s how one battery company is navi...
While speaking at the International Energy Agency’s Global Clean Energy Action Forum, U.S. Special Presidential Climate Envoy John Kerry told the world the truth about the Inflation Reduction Act (IRA). According to Kerry, ” I’m not sure how much it has to do with inflation, but that’...
President Biden hands Sen. Joe Manchin (D-WV) the sole pen he used to sign the Inflation Reduction Act.pic.twitter.com/X2t8EelgHP — The Recount (@therecount)August 16, 2022 On Tuesday Manchin admitted it will not make an impact "immediately." Nonpartisan analysts have said it will ...
The Inflation Reduction Act introduced new tax incentives and energy provisions to help accelerate the country’s transition from fossil fuel to clean energy. These incentives are meant to get taxpayers to more quickly adopt clean energy products, like solar panels and electric cars. Starti...
Myth: The “Inflation Reduction Act” improves our economic position in the world economy. Effective January 1, 2018, the nominal federal corporate income tax rate went from 35% to 21%. Thirty five percent was the highest in the industrialized world; 21% is in the middle of the pack. The...
Entergy is "optimistic" about the potential benefits of the Inflation Reduction Act signed into law in August by PresidentJoe Biden, company chief financial officer Kimberly Fontan said Wednesday during an earnings call with investors. Theutility "expect[s] to see meaningful value" for its ...
The Inflation Reduction Act imposes a 15 percent corporate alternative minimum tax (AMT) on US-based entities with an adjusted financial statement income (i.e. book income) averaging US$1 billion or more during three consecutive years. It’s important to note that, despite the AMT provision...
Entergy is "optimistic" about the potential benefits of the Inflation Reduction Act signed into law in August by PresidentJoe Biden, company chief financial officer Kimberly Fontan said Wednesday during an earnings call with investors. Theutility "expect[s] to see meaningful value" for its ...
Look around and you’ll see plenty of confusion on this point. In the US, the recently signed Inflation Reduction Act is no such thing. It promises to squeeze the price of expensive pharmaceuticals, give tax credits for low-carbon energy sources and tighten some tax loopholes. These are prom...
Inflation Reduction Act, bear the hallmarks of discriminatory practices, often wielded as geopolitical instruments under the guise of risk mitigation. Critics argue that the United States has long been a global leader in the use of industrial policies and government subsides. Its extensive subsidies, ...