Page 74 - Reduction Act News Today

FREYR Battery, Inc. , a developer of clean, next-generation battery cell production capacity, today reported financial results for the fourth quarter and full year of 2023. Highlights: New...

An examination of 342 companies from 2018 to 2022 found the vast majority using loopholes and tax breaks to avoid taxes on profits. Some paid nothing in federal taxes.

The Department of Energy has been seeking changes to proposed hydrogen tax credit guidance, according to people familiar with its internal deliberations.

The Australian government of New South Wales has launched an A$275 million (US$178.7 million) initiative aimed at renewables manufacturing.

The Internal Revenue Service said on Thursday it will go after high-income earners who have failed to file tax returns in 125,000 cases since 2017, resurrecting a non-filer enforcement program... -February 29, 2024 at 02:05 pm EST - MarketScreener

The Smackover Formation in southern Arkansas was once a major oil producer. Now, companies hope to extract lithium — a key metal for electric vehicle batteries — from its underground brines using technologies they say could reduce mining’s carbon emissions and water us...

Even with a substantial increase in much-needed and overdue funding, popular conservation programs at the United States Department of Agriculture that help farmers protect their yields and support the local environment on their terms continue to be oversubscribed and under-resourced. Now is not the time for Congress to divert that funding to other uses never

The growth of liquid ammonia could mirror the early rise of the liquefied natural gas (LNG) sector, leading it to develop into the ‘new LNG’.

The US Inflation Reduction Act (IRA) has been a great boost to the energy transition in America and elsewhere, making available $370 billion for clean energy investments.

WASHINGTON (Reuters) -The Internal Revenue Service said on Thursday it will crack down on high-income earners who have failed to file tax returns in 125,000 cases since 2017, resurrecting a non-filer enforcement program that was idled for years by past budget cuts. The IRS said that the $80 billion in funding over a decade from the 2022 Inflation Reduction Act has enabled it to hire sufficient staff to resume the mailing of non-filing notices to these individuals, including 25,000 with apparent...