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Biden administration finalizes clean electricity tax credits, says Trump should keep in place
New tax credits are available for companies that generate clean electricity, the Biden administration announced Tuesday, while arguing it would be a mistake for President-elect Donald Trump to try to undo them.
Biden team wraps up expanded clean energy credit guidance
The Biden administration on Tuesday released guidance to help companies secure clean energy tax credits under the 2022 Inflation Reduction Act, finalizing a program to extend subsidies long available for wind and solar to other low carbon sources.
Biden expands wind and solar tax credit to nuclear, hydropower, geothermal energy
The Biden administration on Tuesday finalized a guidance that expands a tax credit that has historically applied only to wind and solar power to a range of other energy technologies. Under a new
Medical debt banned from credit reports by new Biden administration rule
Unpaid medical bills will no longer appear on credit reports, where they can block people from getting mortgages, car loans or small business loans, according to a final rule announced Tuesday by the Biden administration.
Biden administration bars medical debt from credit scores
The rules ban credit agencies from including medical debts on consumers’ credit reports and prohibit lenders from considering medical information in assessing borrowers.
9h
on MSN
Ludlow Solar Project gets $2.3 million from Inflation Reduction Act
The Massachusetts Municipal Wholesale Electric Co. received $2.3 million from a clean energy tax credit program included in ...
6h
on MSN
Medicare caps seniors drug expenses: What you need to know
Medicare recipients who take expensive prescriptions will get a break this year with a $2,000 cap on drug costs.
federalnewsnetwork.com
22m
USPS next-gen fleet lawsuits dropped, but electric vehicle plans still under scrutiny
USPS no longer face legal hurdles over its fleet acquisition plans. But the incoming Trump administration and Republicans members of Congress are skeptical.
5h
A Key Part of Biden’s Climate Law Was Built to Survive Trump. Now, the Test.
A lucrative tax credit for renewable energy could be hard to kill because it applies to a technologies favored by Republicans ...
E&E
16h
GOP plans hearings soon on Biden climate, energy spending
Republicans are ramping up efforts to audit billions in Inflation Reduction Act funds while also promising claw-backs.
1d
2025 Energy Predictions: Battery Costs Fall, Energy Storage Booms, Carbon Removal Grows, Feds Pursue Permitting Reform
America’s clean energy transition. So what will 2025 hold? The Inflation Reduction Act’s provisions spurred hundreds of ...
1d
on MSN
Plug Power Stock Jumps Further on New Rules for Clean Hydrogen Tax Credits
Plug Power shares surged for a second straight session on new tax credit rules for clean hydrogen production. Last week, the ...
1d
5 factors construction companies should consider before pursuing federal contracts
The U.S. government is the world’s largest customer and these recent spending programs provide new opportunities, but it’s ...
pv-magazine-usa
10h
IRA returns 4X on taxpayer investment
A recent report by American Clean Power finds that the Inflation Reduction Act of 2022 will create millions of jobs, boost ...
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