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Top News In செய்து இல் அமெரிக்கா வரி திட்டம் Today - Breaking & Trending Today

Exxon floats US$100B government-backed carbon capture hub


James Telfser s Top Picks: April 20, 2021
Morgan Stanley joins bank bond bonanza with three-part sale
John Zechner s Top Picks: April 19, 2021
Tesla’s fiery crash adds to drag on already wobbly EV stocks
An ether ETF isn t even launched and already there is a fee war
Tech leads stock drop from record; dollar falls
Wall Street can’t stop smashing records while pandemic lingers
Greg Newman s Top Picks: April 16, 2021
Family offices are targeting 800% returns with SPAC economics
Ark Invest s Cathie Wood thinks Shopify could be next Amazon
Christine Poole s Top Picks: April 15, 2021
Cooler heads prevailed (mostly) during COVID market mayhem: Survey
Coinbase rallies as Wall Street optimism bucks Bitcoin’s dip ....

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Exxon proposes federally-funded $100B carbon capture facility on Texas Gulf Coast


Exxon proposes federally-funded $100B carbon capture facility on Texas Gulf Coast
By Kevin Crowley on 4/20/2021
HOUSTON (Bloomberg) Exxon Mobil Corp. proposed a giant, $100 billion hub to capture carbon dioxide emissions along the U.S. Gulf Coast in Texas but warned that government funding would be required to pay for and develop it.
In what would be the world’s biggest carbon carbon and sequestration project, Exxon, along with a multitude of private and public partners, would build a facility to collect emissions from refineries, petrochemical plants and other industrial facilities along the Houston Ship Channel, Joe Blommaert, president of Exxon’s new low-carbon business said in a blog post. ....

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Joe Biden tax plan targets fossil fuel subsidies worth $35 billion


Joe Biden tax plan targets fossil fuel subsidies worth $35 billion
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Last Updated: Apr 09, 2021, 09:01 AM IST
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Synopsis
President Joe Biden’s plan to eliminate subsidies claimed by oil and gas companies and raise levies on corporate polluters would increase government receipts by $35 billion over the coming decade.
Reuters
President Joe Biden’s plan to eliminate subsidies claimed by oil and gas companies and raise levies on corporate polluters would increase government receipts by $35 billion over the coming decade. The benefits of these subsidies are currently concentrated “within a handful of large firms,” the Treasury said in the Made In America Tax Plan released Wednesday. The report expands on tax proposals in Biden s $2.25 trillion economic package unveiled last week. ....

United States , Joe Biden , President Joe Biden , Made In America Tax Plan , ஒன்றுபட்டது மாநிலங்களில் , ஓஹோ பிடென் , ப்ரெஸிடெஂட் ஓஹோ பிடென் , செய்து இல் அமெரிக்கா வரி திட்டம் ,

Biden seeks oil and gas tax code changes to help cover $2.2T infrastructure program


Biden seeks oil and gas tax code changes to help cover $2.2T infrastructure program
By Kevin Crowley on 4/8/2021
President Joe Biden
HOUSTON (Bloomberg) President Joe Biden’s plan to eliminate subsidies claimed by oil and gas companies and raise levies on corporate polluters would increase government receipts by $35 billion over the coming decade.
The benefits of these subsidies are currently concentrated “within a handful of large firms,” the Treasury said in the Made In America Tax Plan released Wednesday. The report expands on tax proposals in Biden’s $2.25 trillion economic package unveiled last week.
The plan is likely to meet stiff resistance from the oil and gas industry and its supporters on Capitol Hill. Biden already surprised many executives in the first few months of his presidency by canceling the Keystone XL crude pipeline and restricting drilling on federal land. ....

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Biden Plan Targets Fossil Fuel Subsidies Worth $35B


President Joe Biden s plan to eliminate subsidies claimed by oil and gas companies and raise levies on corporate polluters would increase government receipts by $35 billion over the coming decade.
(Bloomberg) President Joe Biden’s plan to eliminate subsidies claimed by oil and gas companies and raise levies on corporate polluters would increase government receipts by $35 billion over the coming decade.
The benefits of these subsidies are currently concentrated “within a handful of large firms,” the Treasury said in the Made In America Tax Plan released Wednesday. The report expands on tax proposals in Biden’s $2.25 trillion economic package unveiled last week. ....

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