Automakers and even some Republicans may fight to preserve funds, and environmental activists will likely sue, but some experts said that some changes may not survive legal challenges.
Tag: Tax Credits, Deductions and Exemptions
After Fierce Lobbying, Treasury Sets Rules for Billions in Hydrogen Subsidies
With a lucrative tax credit, the Biden administration is hoping to establish a new industry that might help fight climate change.
Clean Energy Is Booming in the U.S. The Election Could Change That.
Trump has suggested he would dismantle the Inflation Reduction Act, which has reshaped America’s energy landscape. It won’t be easy.
Can the Government Get People to Have More Babies?
Japan has been trying to boost its fertility rate for 30 years. Now the rest of the rich world is, too.
The Zombies of the U.S. Tax Code: Why Fossil Fuels Subsidies Seem Impossible to Kill
For the fourth year in a row, President Biden is trying to eliminate federal tax breaks for coal, oil and gas companies. But fossil fuel subsidies have proven difficult to stop.
Small Businesses Sound Alarm Over Weakening German Economy
Thousands of companies, concerned that Germany is facing a recession, are calling for an end to political infighting that has blocked a possible stimulus plan.
This Arctic Circle Town Expected a Green Energy Boom. Then Came Bidenomics.
Generous subsidies are helping the United States steal green industries from Europe, as countries race to secure the energy supplies of the future.
Global Economy Is Heading Toward ‘Soft Landing,’ I.M.F. Says
The International Monetary Fund upgraded its growth forecasts and offered a more optimistic outlook for the world economy.
New U.S. Solar and Electric Car Factories Face Familiar Challenge: China
Worries are growing in Washington that a flood of Chinese products could put new American investments in clean energy and high-tech factories at risk.
A Lucrative Tax Credit for Making Clean Fuel Won’t Be So Easy to Get
Experts had warned that efforts to build a vast new hydrogen industry could inadvertently worsen global warming. New rules aim to avoid that.