The future of the new rule remains in question, however, with President-elect Donald J. Trump set to return to the White House this month.
The Biden administration finalized rules meant to boost domestic production of hydrogen fuel through a new tax credit, a move that might also keep struggling nuclear power plants on line for longer.
The Biden administration loosened some stringent safeguards on a tax credit worth billions of dollars for hydrogen production, after companies argued the rules would stifle domestic manufacturing of the fuel.
The tax credit created by President Joe Biden’s signature climate law now includes a carve-out, sought by companies including Constellation Energy Corp., that will benefit some existing nuclear ...
The Biden administration said on Friday portions of nuclear power plants will be able to secure tax credits to produce clean hydrogen if the credits help to prevent reactors from retiring.
President Joe Biden signed the Social Security Fairness Act into law, repealing old provisions that reduced the amount of Social Security retirement benefits for public sector workers who receive pensions.
President Joe Biden on Sunday called on incoming Democratic lawmakers who will govern in the minority to always be mindful of other people’s perspectives — even when they may be wrong.
With the new Congress set to certify President-elect Donald Trump’s election victory on Monday, a remarkable political comeback will be complete.
Biden estimated the bill should lead to an average monthly increase of $360 for certain public employees and their spouses and survivors. The outgoing president said more than 2.5 million Americans will receive a lump sum payment worth "thousands of dollars" to compensate for the benefits they should have received last year.
President Biden signed legislation into law over the weekend to expand Social Security benefits for droves of Americans. The measure, dubbed the Social Security Fairness Act, repeals two tax rules
Biden evoked the 1953 Outer Continental Shelf Lands Act al to ban drilling. The climate crisis is not a distant threat; it's happening right now and affecting what matters most to us. Hurricanes ...
The ban affects the entire Eastern Seaboard, the Pacific Coast along California, Oregon and Washington, the eastern Gulf of Mexico and the Northern Bering Sea.