American Energy
Tax Bill Passed by House Would Gut Biden-era Clean Energy Tax Credits
The House-passed bill repeals or phases out more quickly clean energy tax credits passed in the 2022 Inflation Reduction Act.
The Associated Press is a not-for-profit news agency based in New York City. Established in 1846, it is one of the world's leading news agencies. It has earned more than 50 Pulitzer Prizes.
American Energy
The House-passed bill repeals or phases out more quickly clean energy tax credits passed in the 2022 Inflation Reduction Act.
Nuclear
The order comes as demand for electricity surges amid a boom in energy-hungry data centers and artificial intelligence.
Nuclear
The Tennessee Valley Authority announced Tuesday it had submitted a construction permit application to the U.S. Nuclear Regulatory Commission for a small, modular nuclear reactor.
Crypto
Several Democrats reversed and voted to move forward with the legislation after negotiations with Republicans in recent days.
AI
The provision is tucked into the House Energy and Commerce Committee’s sweeping markup, would be a major boon to the AI industry.
BEAD 2026
The Commerce Department said Huawei's semiconductors are subject to U.S. export controls because they are thought to employ U.S. technology.
Congress
Higher tax deductions are offset by $1.9 trillion in savings largely from the rollback of green energy tax credits.
Copyright
The Copyright Office said in a statement Sunday that Shira Perlmutter received an email from the White House on Saturday.
EU
Some are questioning the wisdom of decommissioning nuclear reactors that provide a stable form of energy compared to renewables.
AI
By 2028, data centers could consume up to 12% of the nation’s electricity.
Nuclear
Google will provide capital for the projects, which the companies say will each produce 600 megawatts of power capacity.
Big Tech
Thursday's announcement signals a promise of sustained support for global health and education, and an eventual end to the foundation’s worldwide influence.
Trump
Trump’s meme coin has become one of the most high-profile ways the norm-breaking president has mixed politics and his personal finances.
AI
Shareholders will also receive stock and a cap on profit for some investors will be lifted.
Defense Department
Most of the 283 people eligible to vote Saturday are employees of SpaceX or connected to the company.
DOGE
'It’s a startup, effectively. A new administration is like a startup,' Musk said.