We define management approaches that suppress lower-intensity fire more heavily than higher-intensity fire as “regressive suppression,” borrowing language from economics (e.g., a regressive tax rate decreases as taxable income increases) (Table 2). In some instances, however, management could conta...
the Company received approval for a $23 million annual rate increase that went into effect in August 2023 and the ability to implement a weather normalization adjustment (“WNA”), which serves to help mitigate
The Brazil Flexfuel Market is projected to grow significantly, with a market size of USD 19,835 million in 2024 and expected to reach USD 33,826.24 million by 2032, exhibiting a compound annual growth rate (CAGR) of 6.9% during the forecast period. Flexfuel vehicles, which can operate on...
Marine – Gross profit of$256.0 million, an increase of 155% year-over-year, primarily attributable to the impact of higher bunker fuel prices and rising interest rates, leading to an increasingly constrained credit environment, as well as higher market volatility. Earnings Conference Call...
The chancellor today announced, for the first time all alcoholic beverages will be taxed in line with their alcohol by volume from February 2023. This means the higher the alcohol content, the higher the tax rate. "The previous system was a mess. Moving to a system that taxes all drink...
Tax credits for stationary technologies, such as distributed energy storage, predate the Inflation Reduction Act, but the act makes some changes to them. First, it extended the tax credit through 2032, which provides a lot of long-term certainty for interested individuals that the credit will sti...
You might have heard abouthydrogen fuel cells. Starting from January 1, 2023, businesses can benefit from atax creditwhen purchasing new electric vehicles (EVs) and fuel cell electric vehicles (FCEVs). Two decades before, in 2003, President Bush announced a program called the Hydrogen Fuel Initi...
Click here to learn more about the 2023 NEXO Fuel Cell, the first dedicated hydrogen-powered SUV with an estimated range of 380 miles and zero emissions.
For trade receivables and other financial instruments, we are required to use a forward-looking expected loss model rather than the incurred loss model for recognizing credit losses which reflects losses that are probable. The Company adopted these ASUs on January 1, 2023 using the prospective ...
Thus, fleet replacement as measured by age changes is evidently slowed (with the changes being less negative) in bad economic times, when the unemployment rate is high. 5.3. Fleet replacement regressions: Drawdown and buildup The second approach to analyzing fleet replacement focuses on drawdown ...