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Inflation reduction act
Electric Car
COP27: U.S. In Talks With EU on Electric Car Tax Credits
The United States is listening to the concerns of European counterparts about the trade tensions triggered by the Biden administration's clean vehicle subsidies…
Net Zero Emission
MIT Amps up Research to Reduce Methane Emissions by 2030
One of the most notable climate change provisions in the 2022 Inflation Reduction Act is the first U.S. federal tax on a greenhouse gas (GHG).
Electric Car
Nikola Expects Inflation Reduction Act to Lower Hydrogen, Truck Costs
Incentives provided by the recently passed Inflation Reduction Act (IRA) will help Nikola Corp by lowering costs of its electric trucks and hydrogen energy busi…
Electric Car
Europe and Japan Opposed to U.S. EV Subsidy Discrimination
The European Union and Japan, as well as South Korea, are objecting to the U.S. Inflation Reduction Act, pointing out that the United States is violating the pr…
United States
Rystad Energy: Inflation Reduction to Boost US Wind and Solar Investments
The Inflation Reduction Act is set to boost installed solar and onshore wind capacity in the US by 40% by 2030, with an extra 155 GW of capacity expected to com…
Hydrogen Production
2022—the Year the Hydrogen Economy Launched?
The Inflation Reduction Act and the war in Ukraine pump billions into clean hydrogen R&D
Energy Storage Battery
Inflation Reduction Act Prompts Turkish Company to Increase US Gigafactory Output to 3GWH
Turkish group Kontrolmatik Technologies has increased the output of its planned energy storage-focused gigafactory in the US by 50%, thanks to the Inflation Red…
Joe Biden
ACP CEO Heather Zichal Statement on President Biden Signing the Inflation Reduction Act Into Law
Heather Zichal, CEO of the American Clean Power Association, issued the following statement today after President Biden signed the historic Inflation Reduction …
CCS
Renewable Energy, Electrification Big Winners in Inflation Reduction Act
The U.S. House on Aug. 12 passed a bill with major implications for the power generation industry, joining the U.S. Senate in supporting the Inflation Reduction…
Electric Car
South Korean Government Asks U.S. Government to Soften EV Subsidy Requirements
Ahn Deok-keun, head of trade negotiations at the Korean Ministry of Trade, Industry and Energy (MOTIE), has recently requested the U.S. government to ease the r…
United States
U.S. Senate Passes Inflation Reduction Act to Energy Industry Applause
The clean energy industry celebrated a moment on August 7, 2022, that would have seemed impossible just a few weeks earlier: The Senate passed a budget measure …
United States
Climate Groups React to U.S. Senate Passing the Inflation Reduction Act
The Senate passed the most ambitious climate spending package in U.S. history on Sunday, prompting optimism among environmental advocates after months of gridlo…
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