credits

The news: The US Senate Democrats released a bill last week that could significantly cut the country’s carbon emissions. One of the bill’s key components is an extension of electric vehicle tax credits, which are designed to help push adoption of EVs by giving buyers $7,500 credit towards purchasing a qualifying new electric vehicle, or $4,000 for used cars.The hitch? For a new vehicle to qualify for the tax credit, its battery and the key minerals used in it need to come mostly from the US or from countries it has…

However, he adds, the timelines are “hugely ambitious,” and the bill is “basically setting targets that people may be unable to meet.” Last week, E&E News reported that climate activists are already worried about whether carmakers will be able to satisfy the new requirements. Battery manufacturing is growing in the US and Europe, and leading domestic car makers, like GM, have recently announced investments to build massive new battery factories. But the US has a lot of catching up to do. About 80% of lithium-ion…

Diane Warren has issued an apology after facing criticism for her tweets that seemingly called out the songwriting credits listed on Beyoncé’s seventh studio album Renaissance. In a tweet shared Monday, Warren posed the question, “How can there be 24 writers on a song?” alongside an eye-rolling emoji. Warren then followed up with another tweet: “This isn’t meant as shade, I’m just curious.” Warren later tweeted, “Ok, it’s prob samples that add up the ammount of writerrs.” This isn't meant…

This bill, then, is a stealthy way to drive Americans as a society toward a cleaner future. It’s turning small individual action—you being better able to afford a heat pump or solar panels—into collective action. But how much individual change matters in the face of systemic problems has been a thorny debate for years. For example, does it really matter if you decide to fly less to reduce your carbon footprint? After all, air travel is a small fraction of global emissions, and there’s a whole international economic system…

Canada welcomed a deal reached by Democratic US senators to back a bill that includes an expansion of tax credits for electric vehicles produced in North America that does not discriminate against those manufactured in Canada. The previous version of the bill presented by Democratic President Joe Biden's administration included tax credits that would have favored American-based manufacturers, sparking furious Canadian lobbying in Washington to get it changed. The bill had been blocked until late Wednesday, when Senate…

Senator Joe Manchin has had a change of heart about electric vehicles. The West Virginia Democrat, who previously described federal tax credits for EVs as “ludicrous,” announced a surprise deal with Senate Majority Leader Chuck Schumer on a reconciliation package that includes $369 billion for climate and energy measures aimed at slashing carbon emissions by 40 percent by 2030. The bill would allow car buyers to continue to claim the current $7,500 federal tax credit for the purchase of “clean vehicles” — the new…

Automakers might just get the EV tax credit extension they've been hoping for. Bloomberg and InsideEVs claim Senators Chuck Schumer and Joe Manchin have reached an agreement on the Inflation Reduction Act that would replace the 200,000-unit cap on federal EV tax credits with a system that would restore those perks for GM, Tesla and Toyota. According to Bloomberg's sources, the new approach is a compromise that would switch to price- and income-based limits, drop union manufacturing requirements and offer credits for used…

Google Play store 10th anniversary saw the company releasing a new logo of the app store and also offer Play Points for purchasing apps. Since, the Play Points rewards program is not available in India, it looks like the company is offering Play Credits in the country. Just like Play Points reward currency, the Play Credit can also be used to purchase apps, games or in-app items. Google says more than 2.5 billion people in over 190 countries use Google Play every month.A few members of the Gadgets 360 team were greeted…

WASHINGTON—The U.S. Treasury Department is softening its limits on foreign tax credits, responding to corporations that have been warning about double taxation. The department issued corrections Tuesday to rules released in December that have drawn furious complaints from multinational companies. The change makes clear that foreign income taxes don’t have to precisely mirror U.S. income-tax rules for when certain costs can be deducted in order to qualify for foreign tax credits.…

via Warner Bros. Opening credit sequences are becoming something of a lost art these days, with many major titles instead preferring the splash page-esque method of dropping the title and logo as the exclamation point on a prologue or first scene, with all of the important names being listed on the bottom of the screen as the story progresses. One of the most high-profile proponents of merging the old and new to deliver top-tier credits while still propelling the narrative forward at the same time is Zack…