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While the passage of legislation in Congress has largely been stalled by political drama, impacts from the CHIPS Act and infrastructure law are starting to be felt.
Canada’s federal government teamed up with Quebec’s provincial government to offer a Swedish company $2 billion in subsidies.
Heather Boushey of the Council of Economic Advisers talks about the challenges of implementing the president’s economic agenda.
Shipments of solar panels reached a record high last year, though most were imported. They’re also getting cheaper.
Districts have been using the funds to renovate HVAC systems, hire staff and more. Now, some may need to cut program and jobs.
Manufacturing has been weak for a while. But companies are optimistic about government investment and a future uptick in demand.
The money, mandated by the Inflation Reduction Act, will be invested in heat pumps, electric vehicle infrastructure and other systems.
Expanded tax credits in the Inflation Reduction Act help pay for weatherizing homes and installing heat pumps.
China’s investment in lithium refining and other aspects of EV battery production is years ahead of the rest of the world.
How to staff up the slew of renewable energy projects ushered in under the legislation is a pressing question within the industry.