Inflation Reduction Act News

Brown Battles for Reduced Insulin Costs in Toledo

Article Summary – U.S. Senator Sherrod Brown, has been advocating for lower insulin prices for all Ohioans. The Inflation Reduction Act, which Brown helped write and pass, has allowed for a monthly cap on the cost of insulin at $35, significantly lowering costs for Ohioans on Medicare. Brown continues to

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Biden ups drilling costs on public lands

Article Summary – The US Interior Department has finalized a rule making it more expensive for oil and gas producers to drill on federally owned lands, marking the first comprehensive update to the rules around drilling on federal lands since 1988. The rule includes provisions such as raising the rent

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IRS May Restrict Use of Additional ‘Modernization’ Funds

Article Summary – The Inflation Reduction Act allocated billions to the IRS for modernizing its information technology. However, the Government Accountability Office (GAO) found that the IRS has yet to complete its strategic operating plan, which lacks a roadmap for achieving their five strategic objectives, especially the one involving technology.

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Rob Bresnahan, GOP House Candidate, Backs Fossil Fuel Industry

Article Summary – Rob Bresnahan, a Pennsylvania Republican U.S. House candidate, has criticized incumbent Democratic Rep. Matt Cartwright and President Biden over their decisions regarding the oil and gas industry despite his significant investments in fossil fuel companies. Bresnahan, who has tens of thousands of dollars in fossil fuel stocks,

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$1.5B Offered to Boost Climate-Smart Farming & Conservation

Article Summary – The U.S. Department of Agriculture (USDA) has allocated $1.5 billion to the Regional Conservation Partnership Program (RCPP) for fiscal year 2024 to support conservation and climate solutions. The funding will help farmers, ranchers, and forest landowners adopt and expand conservation strategies to enhance natural resources and address

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Clean Economy & Community Impact Summit

Article Summary – The Clean Economy and Community Impact Summit recently took place in Tucson, Arizona, focused on clean energy and its economic impacts. Key speakers included U.S. Senator Mark Kelly and Tucson Mayor Regina Romero, discussing the positive impacts of the Inflation Reduction Act and Bipartisan Infrastructure Law on

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Lamont & Congress Celebrate EPA Awards for Green Infrastructure

Article Summary – The U.S. Environmental Protection Agency (EPA) is granting $5 billion from the Greenhouse Gas Reduction Fund to the Coalition for Green Capital, which includes the Connecticut Green Bank. The funding will be used to catalyze public-private investments in the creation of environmental infrastructure in vulnerable communities to

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Virginia Pursues Federal Funds for Pollution Control & Electrification

Article Summary – Virginia is applying for federal funds to implement its Priority Climate Action Plan (PCAP) which targets emissions reduction in various sectors. Local oil and gas companies have opposed this plan, asserting that it abandons Virginia’s commitment to expanding renewables and relying on lower-carbon energy sources like natural

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Florida Budget Features HVAC Rebates from IRA

Article Summary – The Florida Legislature has approved a $117.5 billion 2024-2025 budget plan, designating more than $346 million under the Inflation Reduction Act (IRA) for home efficiency and electrification/appliance rebates. These federal funds are intended to encourage the installation of higher-efficiency HVAC systems and energy-saving home upgrades. However, Florida

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Urban Forestry Projects Get Inflation Reduction Grants

Article Summary – The Ohio Department of Natural Resources Division of Forestry has awarded nearly $5.5 million in grants for 36 urban forestry projects across Ohio through the Inflation Reduction Act (IRA) Urban Forestry Grant Program. The grants range from $50,000 for emerging urban forestry programs to $1 million for

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