
LG Energy Solution reported a 34% year-on-year jump in Q3 operating profit to 601 billion won, beating market expectations despite a 17% drop in revenue, driven by U.S. tax credits and increased ESS production.
Subsidies for Fossil Fuel Firms Have Doubled Since 2017, Now $35 Billion a Year
Federal subsidies for the fossil fuel industry have more than doubled since 2017 to an estimated $34.8 billion each year, a new analysis from Oil Change International has found. The report’s authors say that amount could soar to hundreds of billions of dollars in the years to come if lawmakers fail to rein in subsidies for controversial carbon capture and hydrogen technologies.
This post has been syndicated from Truthout, where it was published under this address.
How the One Big Beautiful Bill Act Changed America’s Clean Energy Policy
"The summary takes each clean energy-related provision in the U.S. tax code and summarizes how (and whether) it existed in the 2000s and 2010s, how the Inflation Reduction Act changed it, and how the new OBBBA will change it again."
https://heatmap.news/politics/obbba-ira-differences
#InflationReductionAct
The landmark Republican reconciliation bill, which President Trump signed on July 4, has shattered the tax credits that served as the centerpiece of the country’s clean energy and climate policy.Starting as soon as October, the law — which Trump has dubbed the One Big Beautiful Bill Act — will cut o...
‘Big Beautiful Bill’ will have Americans paying higher prices for dirtier energy https://theconversation.com/big-beautiful-bill-will-have-americans-paying-higher-prices-for-dirtier-energy-260588
It accelerates the phaseout of tax credits for factories that manufacture equipment needed for renewable energy and electric vehicles. That would disrupt the boom in domestic manufacturing projects that had been stimulated by the Inflation Reduction Act.
Weekly output: Android and Wear OS updates, Gmail’s Manage Subscriptions tool, Grok coming to Teslas, clean-energy rebates and tax credits
This week saw the return of one of Washington’s most treasured rites of summer: the free outdoor concerts at Fort Reno Park in Tenleytown. Unfortunately, I let myself get spooked by the weather forecast for Monday’s show and then had a schedule conflict for Thursday’s show–and now I see that the forecast calls for rain tomorrow evening.
7/9/2025: Google Unpacks Another Round of AI Features, Starting With Gemini On Wear OS, PCMag
SamsI contributed a tiny bit of PCMag’s coverage of Samsung’s latest Unpacked product-announcement event with this writeup of some new features Google announced for some of Samsung’s new hardware.
7/9/2025: Gmail’s New ‘Manage Subscriptions’ Feature Is Here, But It Doesn’t Go Far Enough, PCMag
If I had written about this new Gmail feature only from Google’s announcement of it, this might have been a much more positive piece. But what they rolled out doesn’t come close to helping Gmail users cope with their overflowing inboxes.
7/10/2025: After Elon Musk Says Grok Is Coming to Teslas, the Jokes Drive Themselves, PCMag
Writing this short post took longer than I expected because it represented my belated introduction to the content-embedding feature in PCMag’s CMS.
7/11/2025: Interested in Clean-Energy Tax Credits? The Clock Is Ticking Thanks to Trump’s ‘Big Beautiful Bill’, PCMag
Researching this piece felt like doing my taxes, with the added annoyance factor of my knowing that we were never eligible for some of the Inflation Reduction Act’s incentives anyway.
#android #cleanEnergy #ElonMusk #gmail #greenEnergy #Grok #heatPump #InflationReductionAct #IRA #ManageSubscriptions #OneBigBeautifulBill #reconciliationBill #Samsung #SamsungUnpacked #Tesla #WearOS
Climate policy faces setback as House Republicans advance bill against Inflation Reduction Act. #ClimateAction #EnvironmentalPolicy #InflationReductionAct
https://insideclimatenews.org/news/22052025/inside-clean-energy-republican-ira-repeal/
The fate of the Inflation Reduction Act is in the hands of a few dozen elected officials who are weighing principles, partisan leanings and their districts’ economic interests.