Eric Norris, president of energy storage at US chemical company Albemarle, issued a "call to action" at the Fastmarkets conference for partnerships to help build out regional supply chains to facilitate the energy transition. Norris said Albemarle aims to increase its lithium production capacity from...
Study explores how the Inflation Reduction Act’s Drug Price Negotiation Program and its maximum fair prices impact incentives for investments in post-approval activity.
Special Purpose Acquisition Companies SPACs are now facing a significant new hurdle. This is because the recently enacted Inflation Reduction Act IRA included a 1% e
In the past two weeks, the Centers for Medicare & Medicaid Services (CMS) unveiled important details regarding implementation of the Medicare Drug Price Negotiation Program (Negotiation Program) under the Inflation Reduction Act (IRA). Specifically, CMS released (i...
The Inflation Reduction Act of 2022 (IRA) is the most comprehensive federal climate change legislation that has been passed in the United States to date. Among the IRA's goals are curbing inflation through lower consumer energy costs, increased energy security, and reduced greenhouse gas emissions...
WASHINGTON (AP) — With inflation raging near its highest level in four decades, President Joe Biden on Tuesday signed into law his landmark Inflation Reduction Act. Its title raises a tantalizing question: Will the measure actually tame the price spikes that have inflicted hardships on A...
The Inflation Reduction Act includes tax deductions and rebates for individuals and businesses. Some apply to only a small group, but others could make a financial difference for many people. Here are some of the highlights. Encouraging environmentalism ...
The Inflation Reduction Act contains several other provisions of interest to tax-exempt organizations and government entities. These include the corporate alternative minimum tax and Section 179D deduction. Corporate Alternative Minimum Tax The corporate alternative minimum tax was revived for taxable years...
“The Inflation Reduction Act has given the solar industry the most long-term certainty it has ever had,” said Michelle Davis, principal analyst at Wood Mackenzie and lead author of the report. “Ten years of investment tax credits stands in stark contrast to the one-, two-, or five-year...
With inflation raging near its highest level in four decades, President Joe Biden on Tuesday signed into law his landmark Inflation Reduction Act.