Tag Archives: Inflation Reduction Act of 2022

At least 24 factories have been set up in the United States to produce electric cars that qualify for the credit, including a Ford plant making plug-in hybrids in Louisville, Ky., and a General Motors battery plant in Ohio, according to a study from Atlas Public Policy, a research firm. Near Savannah, Ga., Hyundai invested in a $7.5 billion factory …

American manufacturing has been in the doldrums for years, battered by high borrowing costs and a strong dollar, which makes exports less competitive. But there has been a bright spot: billions of dollars flowing into factory construction, signifying that a potential rebound in production and employment is around the corner. The flood of investment has been driven by two major …

As the Trump administration continues to withhold billions of dollars for climate and clean energy spending — despite two federal judges ordering the money released — concerns are growing that the United States government could skip out on its legal commitments. Typically, when the federal government spends money through a grant or a loan program approved by Congress, it signs …

In less than three weeks, President Trump has thrown the U.S. clean energy industry into chaos, with much of the economic damage hitting Republican states and districts. In a quest to eliminate any funding linked to climate change, the Trump administration has frozen federal grants for everything from battery factories to electric school buses and issued executive orders that have …