Yet another version of the fiduciary rule is coming

The Biden administration's rule overhauls requirements for retirement plan advisers to act in the interests of clients.
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"Green bank" funding could help renewables be more profitable for investors

Apr 5, 2024
The government will route $20 billion through community lenders and nonprofits that are geared to clean energy and climate solutions.
The hope behind green bank grants is that government backing will mobilize private investment in climate-friendly projects.
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Wait, how much will the Inflation Reduction Act's climate provisions cost?

Mar 13, 2024
We break down the role of uncapped tax credits in the IRA's climate provisions with John Bistline of the Electric Power Research Institute.
Many of the IRA's tax credits are not capped and last for at least 10 years, creating variability in the total projected cost.
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The federal government is investing in solar. Chinese companies are getting a share of it.

Feb 7, 2024
Chinese manufacturers are building solar panel factories on U.S. soil to avoid tariffs and garner subsidies, reports WSJ's Phred Dvorak.
Subsidies in the Inflation Reduction Act are meant to offset some of the costs of manufacturing solar panels in the United States.
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Medicare to start negotiating prices for 10 drugs in 2024

Dec 29, 2023
But drug companies are trying to stymie the effort with a raft of lawsuits.
Medicare’s ability to negotiate drug prices will apply to just 10 medications for now, including treatments for heart disease and diabetes.
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A labor shortage stands in the way of the clean energy transition

Mar 30, 2023
The Inflation Reduction Act funds a huge green infrastructure buildout. But projects will need to attract and train more electricians.
Mia Clay, along with other high school students, are part of an electrician training program at Independent Electrical Contractors Chesapeake.
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For public good, not for profit.

Oregon retirement savings program offers national roadmap

Economists found the automatic IRA program OregonSaves meaningfully increased retirement savings.
The success of OregonSaves, an automatic IRA program, suggests making it a national plan.
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5 things you need to know about 401(k)s

Oct 27, 2017
The award-winning author of "Money Girl’s Smart Moves to Grow Rich," tells us what we need to know about the popular retirement savings account.
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Individual retirement accounts aren’t attracting enough of the right individuals

May 2, 2017
IRAs were created to give people without employer-sponsored retirement plans a tax-free incentive to save.