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Inflation reduction act

Biden economist wants businesses to "step up and make investments” in the U.S.

by Kai Ryssdal and Sean McHenry
Aug 31, 2023
Heather Boushey of the Council of Economic Advisers talks about the challenges of implementing the president's economic agenda.
Businesses are "not making the needed investments in the things that matter most," like clean energy infrastructure and chip manufacturing, says Heather Boushey of the Council of Economic Advisers.
Chip Somodevilla/Getty Images
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Solar a bright spot in slow progress toward U.S. renewable energy goals

by Samantha Fields
Aug 30, 2023
Shipments of solar panels reached a record high last year, though most were imported. They're also getting cheaper.
Solar is projected to grow even more in the next couple of years, largely because of the Inflation Reduction Act.
Mario Tama/Getty Images
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School districts face tough choices as the end of federal pandemic funding nears

by Stephanie Hughes
Aug 24, 2023
Districts have been using the funds to renovate HVAC systems, hire staff and more. Now, some may need to cut program and jobs.
School leaders are anticipating job cuts as federal pandemic funding ends, a recent survey from the School Superintendents Association finds.
Joe Raedle/Getty Images
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Some U.S. manufacturers find reasons to be cheerful about their prospects

by Justin Ho
Aug 24, 2023
Manufacturing has been weak for a while. But companies are optimistic about government investment and a future uptick in demand.
The Biden administration is investing in domestic industries it sees as strategically important, like clean energy. Above, wind turbine blades in a storage lot.
Patrick T. Fallon/AFP via Getty Images
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A Warmer World

Nonprofit lenders compete to distribute $27 billion for greenhouse gas reduction projects

by Elizabeth Trovall
Aug 14, 2023
The money, mandated by the Inflation Reduction Act, will be invested in heat pumps, electric vehicle infrastructure and other systems.
Grants from the Greenhouse Gas Reduction Fund can go toward initiatives like boosting electric vehicle infrastructure.
Justin Sullivan/Getty Images
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A Warmer World

New tax incentives ease home improvements to beat the heat

by Elizabeth Trovall
Jul 19, 2023
Expanded tax credits in the Inflation Reduction Act help pay for weatherizing homes and installing heat pumps.
Heat pumps are among the energy-conserving tools that new tax credits will partially cover.
John Keeble/Getty Images
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Why China dominates the world's EV supply chain

by Elizabeth Trovall
Jun 20, 2023
China’s investment in lithium refining and other aspects of EV battery production is years ahead of the rest of the world.
STR/AFP via Getty Images
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The Inflation Reduction Act will generate more than 1 million wind and solar jobs by 2035

by Elizabeth Trovall
Jun 12, 2023
How to staff up the slew of renewable energy projects ushered in under the legislation is a pressing question within the industry.
As renewable energy projects get underway, new jobs will be created in construction and especially in manufacturing. Above, wind turbine blades in New Mexico.
Patrick T. Fallon/AFP via Getty Images
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Why more people are leasing electric vehicles in the U.S.

by Sabri Ben-Achour , Alex Schroeder and Ariana Rosas
Jun 8, 2023
How a change in the incentives for electric vehicles encouraged more leases.
Assembly line workers assemble electric vehicles at the General Motors Detroit Hamtramck Assembly Plant in Hamtramck, Michigan.
Bill Pugliano/Getty Images
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Consumers have a host of new 'green' tax incentives to consider

by Ali Budner
Apr 6, 2023
The Inflation Reduction Act adds new tax credits for home energy efficient tech.
Though solar panel tax credits aren't new, the cost of the project is now eligible for a 30% tax credit.
Joe Raedle/Getty Images
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