WASHINGTON (Reuters) - U.S. President Joe Biden's administration has protected about 84%, or $96.7 billion in clean energy grants created by its signature climate law from any clawback by the next administration, a White House official said on Friday.
The Biden administration has distributed at least $26 billion of dollars in financing to clean-energy companies in its final days before President-elect Donald Trump takes off.
The future of President Joe Biden's climate investments remain at-risk in the incoming Trump administration. But some could also get a reprieve.
Policy experts say President Joe Biden can rightly claim to have meaningfully reduced carbon emissions and boosted clean energy. But will those policies last?
Numerous people in the White House who are really very close to US President Joe Biden pretty recently revealed a shocking fact that they feel Joe Biden legitimately missed a very big opportunity by not making Tesla CEO Elon Musk as his friend.
President Joe Biden ends his term with a gulf between his policy record and his public reputation. The Democrat spent so much of his time addressing long-term priorities that many voters felt he did not adequately deal with more immediate problems like high inflation and illegal crossings at the U.S. border with Mexico.
Labor Department data shows that consumer prices rose a combined 20.8% during the course of Biden’s presidency, but people’s average weekly earnings rose just 17.4% over the same period. That meant people’s incomes didn’t keep pace with their expenses — and it, predictably, left people viewing an otherwise healthy economy as weak.
Local, state and federal officials gathered at a Somers Point business to celebrate federal investment in renewable energy.
Good afternoon and happy Friday, readers! We hope that you’re ready to ride out the cold snap that has forced the presidential inauguration address to be moved indoors. In today’s Daily on Energy, Maydeen,
U.S. clean energy tax subsidies under President Joe Biden's signature Inflation Reduction Act will boost U.S. budget deficits by $825 billion over the next 10 years, Congressional Budget Office director Philip Swagel said on Friday,
There are 50 to 100 expected executive orders on Trump’s first day in office. Many will focus on boosting fossil fuels and reversing climate policy
"Your head will spin when you see what's going to happen," Trump said. Here's a closer look at what he promised to do on Day 1.