First Solar, a leading U.S. solar panel manufacturer, said on Tuesday that an audit had found that migrant workers in its operations in Malaysia were victims of forced labor.The independent […]
Inflation Reduction Act of 2022
Trending topics and news from the Inflation Reduction Act of 2022 category
Back to news homeStrong Economic Data Buoys Biden, but Many Voters Are Still Sour
President Biden and his aides are basking in what is arguably the best run of economic data to date in his presidency. Inflation is cooling, business investment is rising, job […]
The Energy Transition Is Underway. Fossil Fuel Workers Could Be Left Behind.
Tiffany Berger spent more than a decade working at a coal-fired power plant in Coshocton County, Ohio, eventually becoming a unit operator making about $100,000 annually.But in 2020, American Electric […]
Energy Tax Credits, Meant to Help U.S. Suppliers, May Be Hard to Get
In April, Vice President Kamala Harris visited Qcells, a solar panel manufacturing facility in Dalton, Ga., to announce an early triumph of the Inflation Reduction Act: Summit Ridge Energy, one […]
Europe Frets U.S. Battery Factory Subsidies Will Hurt, Not Help
European leaders complained for years that the United States was not doing enough to fight climate change. Now that the Biden administration has devoted hundreds of billions of dollars to […]
After Pandemic Rebound, U.S. Manufacturing Droops
The pandemic had a bright silver lining for Elkhart, Ind.The city, renowned as the capital of recreational vehicle production, had a surge in demand as cooped-up families took to the […]
The Debt Ceiling Debate Is About More Than Debt
WASHINGTON — Speaker Kevin McCarthy of California has repeatedly said that he and his fellow House Republicans are refusing to raise the nation’s borrowing limit, and risking economic catastrophe, to […]
Electric Vehicle Tax Credit Rules Create ‘Chaos for Consumers’
Designed to accelerate the shift to electric cars among other climate goals, the Inflation Reduction Act has in practice made buying such vehicles a lot more complicated.In August, the law […]
U.S. Car Brands Will Benefit Most From Electric Vehicle Tax Breaks
American brands like Tesla and General Motors will benefit most from rules that determine which electric vehicles qualify for tax credits starting on Tuesday. Foreign carmakers like Hyundai will be […]
Automakers Face Test in Reaching U.S. Target for Electric Vehicles
The Biden administration’s plan to accelerate the adoption of electric vehicles — reaching a two-thirds share of new cars in less than a decade — pushes automakers further in a […]