Tag: U.S. Department of Energy

Biden Admin Cuts $85 Million Check to Boost Production of Green Appliance Despite Cratering Demand

South Carolina Sun Staff
Jennifer Granholm

The Biden administration is deploying roughly $85 million to boost production of a green appliance despite plummeting consumer demand, according to a Wednesday press release from the U.S. Department of Energy (DOE).

The White House on Wednesday announced nearly $85 million in grants for four producers of electric heat pumps, the DOE wrote in a statement. The announcement comes despite cratering demand for the electric appliance, with total U.S. shipments of the product falling 16 percent in 2023 despite the federal tax credit being raised from $300 to $2,000 in January 2023, according to a study from the University of California Berkeley’s Haas School of Business.

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Federal Judge Pauses Biden’s Partial Liquefied Natural Gas Export Ban

The Center Square
Judge James Cain Jr.

A federal judge on Monday temporarily blocked the Biden administration’s ban on new exports of liquified natural gas exports to non-free trade agreement countries.

Judge James Cain Jr. of the Western District of Louisiana issued a preliminary injunction against the U.S. Department of Energy’s partial LNG export ban after more than a dozen states sued, arguing the ban was illegal.

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Airlines Launch Effort Backing Green Jet Fuel Tax Credit that Could Raise Food Prices for Americans

South Carolina Sun Staff
Plane at gate

A coalition of major airlines has formed a group supporting a tax credit pushed by President Joe Biden that experts say could jack up food prices.

More than 40 companies, including Boeing, American Airlines, JetBlue and United as well as ethanol trade groups, are pushing the federal government to “expand” existing tax credits for “sustainable aviation fuel” (SAF) and to pass legislation to increase the fuel’s availability, Axios reported. Corn-based ethanol is a common component in SAF and experts previously told the Daily Caller News Foundation that increasing the demand for corn by incentivizing its use in jet fuel could indirectly raise food costs for Americans.

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