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.
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.
The Biden administration finalized rules meant to boost domestic production of hydrogen fuel through a new tax credit, a move that might also keep struggling nuclear power plants on line for longer.
The Biden administration loosened some stringent safeguards on a tax credit worth billions of dollars for hydrogen production, after companies argued the rules would stifle domestic manufacturing of the fuel.
The tax credit created by President Joe Biden’s signature climate law now includes a carve-out, sought by companies including Constellation Energy Corp., that will benefit some existing nuclear ...
Biden’s decision serves as a reminder, as the new president comes to power, of just how much a president can do under the broad and often vague umbrella of national security.
President Joe Biden signed the Social Security Fairness Act into law, repealing old provisions that reduced the amount of Social Security retirement benefits for public sector workers who receive pensions.
President Joe Biden on Sunday called on incoming Democratic lawmakers who will govern in the minority to always be mindful of other people’s perspectives — even when they may be wrong.
Biden is the 46th president of the United States and was sworn in on January 20, 2021. Advertisement The Biden administration has been caught by surprise when partners like South Korea and Israel ...
Hyundai Motor Group's five electric vehicle (EV) models will be subject to the U.S. tax credit program for EV purchases this year for the first time, industry sources said Thursday. According to the sources,
The ban affects the entire Eastern Seaboard, the Pacific Coast along California, Oregon and Washington, the eastern Gulf of Mexico and the Northern Bering Sea.
Unpaid medical bills will no longer appear on credit reports, where they can block people from mortgages, car loans or small business loans