inflation reduction act
The EPA awarded $20 billion in grants to kickstart loans and equity investing in climate technologies across the country.
Featured Article
As more than $1 trillion flows into climate tech, incentive-tracking apps find firm footing
Climate tech is suddenly so awash in cash that there are a number of websites, apps and startups rushing to track all the incentives available.
Tesla’s lowest-priced vehicle, the rear-wheel-drive Model 3, won’t be eligible for the full $7,500 federal tax credit as of next year. Tesla started warning buyers (and window-shoppers) on Monday that…
For the broader economy, this was the year of the recession that never arrived. But for climate tech, it was a year of both great hits and big misses.
Today, membrane gas separation represents a relatively small part of the market. But with calls to decarbonize heavy industry, that could change.
Featured Article
For climate tech startups, the IRA is starting to pay off
The Inflation Reduction Act, signed into law by President Joe Biden in August 2022, has allocated $400 billion in federal dollars for clean energy projects as the United States aims for up to a 40% reduction in economy-wide greenhouse gas emissions by 2030. And even startups are beginning to benefit. …
Featured Article
Tracking the EV battery factory construction boom across North America
The onshoring of battery manufacturing for EVs started as a trickle during the COVID-19 pandemic. Now it’s a tsunami. In 2019, just two battery factories were operating in the United States with another two under construction. Today there are about 30 battery factories either planned, under construction or operational in…
The White House’s efforts to combat climate change have sparked a tech arms race with the EU
The Inflation Reduction Act hasn’t sparked a trade war between the U.S. and the EU like some observers predicted, but an arms race instead.
The changes would allow a broader swath of companies, including many startups, to participate in renewable energy development.
The Inflation Reduction Act hasn’t changed the company’s business model, but it has changed its business plans.
The United States Treasury updated its list of electric vehicles eligible for a $7,500 EV tax credit per its new rules for battery sourcing, and BMW, Nissan, Rivian, Hyundai, Volvo…
Climate tech’s resilience has led some to call it the ultimate “recession proof” investment. Is that still true?
UPDATE: Tesla tweaks Model 3 page of U.S. website encouraging buyers to take delivery now in anticipation of reduced tax incentives by March 31. The U.S. Treasury Department’s guidance on battery…
A fluid geopolitical landscape could roil the climate tech industry. How should founders and investors react?
BlocPower hits its stride, landing $25M Series B to expand its residential energy retrofit platform
The Inflation Reduction Act will ramp up demand for heat pumps and home electrification. BlocPower’s platform can help make energy retrofitting more accessible.
This year has been all about energy — who has it, who doesn’t and how much it costs. Investors took note.
I have nothing personal against investors, but sitting in a room with one while I try to sell them on my billion-dollar idea sounds very stressful.
The IRA has instituted meaningful developments toward the governance and financing of influential climate initiatives, but where will it go from here?
Competitors complaining, investors piling in. The Bipartisan Infrastructure Law and Inflation Reduction Act are off to a good start.
The Inflation Reduction Act all but ensures that climate tech for buildings is likely to emerge as one of the sectors to watch in the coming years.
President Joe Biden will attend the Detroit Auto Show Wednesday and announce the approval of the first $900 million in funding to build electric vehicle charging stations in 35 states…
Featured Article
A complete guide to the new EV tax credit
Tucked inside the massive Inflation Reduction Act of 2022 that was signed into law in August is a complex set of requirements around which EVs and other clean vehicles do and do not qualify for a $7,500 EV tax credit. Tl;dr not all new EVs or other clean vehicles (and…
Toyota said Wednesday it will triple its planned investment for its first U.S. battery factory due to rising consumer demand for electric vehicles. The automaker now plans to spend $3.8…
China has long been the leader in battery supply and manufacturing. The Inflation Reduction Act seeks to end reliance on the East Asian country and turn the U.S. into a…
Mercedes-Benz began production of its first battery-electric SUV for the U.S. market on Thursday, fronting a movement expected to bring auto manufacturing onshore over the next decade. The 2023 Mercedes-Benz…
The Inflation Reduction Act, which President Joe Biden signed into law Tuesday, says that if automakers want their electric vehicles to be eligible for tax credits, they’ll need to have…
As with any legislation, there are winners and losers. But the details matter, and some climate tech sectors got a better deal than others.
While onstage at Tesla’s annual shareholder event, CEO Elon Musk hinted that the automaker would choose the location for a new gigafactory by the end of the year. Musk jokingly…
The Inflation Reduction Act of 2022 stands as one of the most significant pieces of climate legislation proposed in the U.S.
