The bill’s passage marks one of the most successful legislative efforts by Democrats this session. It aims to tamp down inflation, lower prescription drug prices, tackle climate change, reduce the deficit and impose a minimum tax on profits of the largest corporations.
climate change
Posted inBusiness, Maine, New England, News
Electric boats poised to make waves on Maine coast
Battery-powered outboards are seen as a first step in ‘electrifying’ the working waterfront. Are pleasure boats next?
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Posted inBusiness, Nation / World, News
Congress approves Democrats’ climate, health bill, a Biden triumph
The bill’s pillar is about $375 billion over 10 years to encourage industry and consumers to shift from carbon-emitting to cleaner forms of energy, hailed by experts as Congress’ biggest climate investment ever.
Posted inNation / World, Politics
Senate Democrats pass budget package, a victory for Biden
The estimated $740 billion package heads next to the House, where lawmakers are poised to deliver on Biden’s priorities.
Posted inMaine, News
Local surf spot under threat from climate change, national group says
But local surfers say other human threats, like overcrowding and lack of beach access, pose bigger threat to Higgins Beach in Scarborough.
Posted inNation / World, News
Appalachian flooding deaths set to climb; more rain forecast
Record flash flooding has killed at least 16 people in Kentucky and swamped entire towns.
Posted inBusiness, Maine
DEP says Maine is ahead of schedule to meet climate change goal
A Department of Environmental Protection report says Maine’s greenhouse gas emissions in 2019 were 25% lower than levels measured in 1990, surpassing the medium-term goal of a 10% reduction by 2020.
Posted inBusiness, Nation / World, News
Biden announces modest climate actions, pledges more to come
The president delivers his pledge at a former coal-fired power plant in Massachusetts that is is shifting to offshore wind power manufacturing.
Posted inNation / World, News
Europe broils in heat wave that fuels fires in France, Spain
That toll comes on top of the hundreds of heat-related deaths reported in the Iberian peninsula, as high temperatures have gripped the continent in recent days and triggered wildfires from Portugal to the Balkan region.
Posted inBusiness, Maine
New England fuel dealers plot their future in a rapidly electrifying world
As more mandates and incentives are rolled out to fight climate change, a strategy emerges to cast doubt on electrification while talking up renewable liquid fuels.