Latest Energy policy News

India to miss renewable energy goal, officials, experts say

Aug. 12, 2022 10:14 AM EDT

BENGALURU, India (AP) — India will miss its renewable energy target for the end of the year, with experts saying “multiple challenges” including a lack of financial help and taxes on imported components are stalling the clean energy industry. The country has installed just over...

In Biden's big bill: Climate, health care, deficit reduction

Aug. 12, 2022 08:30 AM EDT

WASHINGTON (AP) — The biggest investment ever in the U.S. to fight climate change. A hard-fought cap on out-of-pocket prescription drug costs for Medicare recipients. A new corporate minimum tax to ensure big businesses pay their share. And billions left over to pay down federal...

Sweeping climate bill pushes American energy to go green

Aug. 11, 2022 20:37 PM EDT

WASHINGTON (AP) — After decades of inaction in the face of escalating natural disasters and sustained global warming, Congress hopes to make clean energy so cheap in all aspects of life that it’s nearly irresistible. The House is poised to pass a transformative bill Friday that would provide...

Politicians, energy experts, advocates on climate bill

Aug. 11, 2022 15:23 PM EDT

Congress is expected on Friday to pass a major bill that includes close to $375 billion in spending related to fighting climate change. The bill, called the Inflation Reduction Act, will infuse cash, subsidies and tax breaks into various sectors of the economy, all aimed at making green energy much...

Hundreds join anti-Gazprom protest in Bulgarian capital

Aug. 10, 2022 15:39 PM EDT

SOFIA, Bulgaria (AP) — Hundreds of Bulgarians took to the streets of the capital Sofia Wednesday, voicing fears that the country's caretaker government could break with the policies of its pro-Western predecessor and revert to close energy ties with Russia. The second in a planned...

German FinMin pitches $10B tax cuts to ease inflation pain

Aug. 10, 2022 09:27 AM EDT

BERLIN (AP) — Germany's finance minister said Wednesday that the government plans to make tax cuts worth more than 10 billion euros ($10.2 billion) to benefit broad sections of the population squeezed by high energy costs and inflation. Finance Minister Christian Lindner said about...

Senate Democrats pass budget package, a victory for Biden

Aug. 07, 2022 18:48 PM EDT

WASHINGTON (AP) — Democrats pushed their election-year economic package to Senate passage Sunday, a hard-fought compromise less ambitious than President Joe Biden’s original domestic vision but one that still meets deep-rooted party goals of slowing global warming, moderating pharmaceutical...

What's in Democrats' big bill? Climate, health care, savings

Aug. 07, 2022 18:45 PM EDT

WASHINGTON (AP) — Not as robust as the proposal President Joe Biden once envisioned to rebuild America's public infrastructure and family support systems, the Democrats' compromise of health care, climate change and deficit-reduction strategies is still a substantial undertaking. ...

Dems' climate, energy, tax bill clears initial Senate hurdle

Aug. 07, 2022 01:27 AM EDT

WASHINGTON (AP) — Democrats pushed their election-year economic bill toward Senate approval early Sunday, starting the sprawling collection of President Joe Biden’s priorities on climate, energy, health and taxes on a pathway that the party hopes will end in final congressional passage by the...

Senate votes to start debating Dems' climate, energy, health and tax bill, as Biden priorities clear initial hurdle

Aug. 06, 2022 19:39 PM EDT
WASHINGTON (AP) — Senate votes to start debating Dems' climate, energy, health and tax bill, as Biden priorities clear initial hurdle.