The Treasury Department and the IRS issued some new guidelines on the Inflation Reduction Act’s (IRA) EV tax credit, and for the time being it is bringing foreign automakers — and U.S. consumers — som...
Tag: leases
43 Companies to Compete For Five California Offshore Wind Leases
Wind turbines at the London Array offshore wind park near England, United Kingdom. Unlike this … [+] offshore wind facility, California’s offshore wind will need to use turbines that float...
Biden Interior Dept offers option for new oil leases in Gulf of Mexico
An oil and gas drilling platform stands offshore as waves churned from Tropical Storm Karen come ashore in Dauphin Island, Alabama, October 5, 2013. Steve Nesius | Reuters The Biden administration rel...
Bit Origin leases 1K mining spots
Bit Origin Limited, a company working in the crypto mining industry with diversified expansion strategies, has entered a LOI (Letter of Intent) with US-based data center operator Your Choice 4 CA to l...
Amazon Aims to Sublet, End Warehouse Leases as Online Sales Cool
(Bloomberg) — Amazon.com Inc., stuck with too much warehouse capacity now that the surge in pandemic-era shopping has faded, is looking to sublet at least 10 million square feet of space and cou...
Biden Wants Oil Companies to Pay Penalties on Unused Drilling Leases
(Bloomberg) — U.S. President Joe Biden wants oil drillers to pay penalties when federal leases go unused in an effort to prod the industry into pumping more. Most Read from Bloomberg The White H...
Biden administration pausing new oil and gas leases amid legal battle
An oil pumpjack (L) operates as another (R) stands idle in the Inglewood Oil Field on January 28, 2022 in Los Angeles, California. Mario Tama | Getty Images The Biden administration is delaying decisi...
Judge Tosses Out Offshore Oil Leases Signed By Biden Administration
Topline A federal judge rescinded oil and gas leases for a wide swath of the Gulf of Mexico on Thursday, arguing the government failed to consider their impact on climate change before they were aucti...