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One year after it was signed into law, the first major climate change legislation in the US is on its way to President Biden's desk.
The Inflation Reduction Act, passed by the Senate last August, directs at least $369 billion toward incentives for adopting renewable energy and other low-carbon technologies, the New York Times reports.
The goal is to make alternatives cheaperand more attractivethan fossil fuels.
"What the IRA effectively does, is it aligns the full financial might of the federal government behind the push towards cleaner energy resources," says Jesse Jenkins, a Princeton University professor who advised on the legislation.
But the bill faces opposition from Republicans, who say it's too expensive and will hurt the economy, and from Democrats, who say it's a step in the wrong direction.
"The IRA really has acted like rocket fuel across every segment and corner of our country," says Heather O'Neill, head of the trade group Advanced Energy United.
"It's going to result in a radical transformation of the electric supply in the United States," says Chris Seiple, an energy consultant with Wood Mackenzie, which estimates that nearly $200 billion in tax credits for renewable energy will be added to the grid each year under the IRA, though it's too
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
Dobbs announced the need for volunteers at the Central Arkansas Veterans Healthcare System for Compassionate Contact Corps.Volunteers are matched with veterans that are experiencing loneliness or are...more
CLEE's new report, Investment Models for Climate Infrastructure Implementation: Supporting Public Participation in Climate Investments, explores three investment models for climate infrastructure...more
Susana Van Der Ploeg calls for BRICS+ leadership in fostering equitable health governance, innovation, and civil society inclusion.She urges the bloc to adopt compulsory licensing, strengthen...more
Foundation: Community Foundation of Abilene
Big Country's CASA program seeks volunteers to support local foster children.Court Appointed Special Advocates (CASA) organization has expressed a dire need for volunteers in the Big Country.CASA...more
English has spent her career working at the intersection of farming and public health.Before joining the Walton Personal Philanthropy Group as a senior program officer, she was director of the...more
In South Africa, the hard-won progress of a youth-led HIV education program is threatened by international funding cuts."It provides a safe environment for us," says one youth volunteer of the...more
Galina Trush was born in 1990 in central Ukraine.The outbreak of war in Eastern Ukraine, combined with professional and financial limitations, forced Trush to make another life-changing decision:...more
EAA has created the Youth Program Coordinator role to recognize and support volunteers leading these youth programs beyond Young Eagles flights and rallies.As more chapters expand their youth...more
Nonprofit board fellows programs (NBFPs) enable graduate students to serve as board members and consultants for local nonprofits.NBFPs match local nonprofits with MBA "fellows" who serve as...more
The I Madonnari Street Painting Festival is a beloved tradition in Santa Barbara.The festival will take place at the Old Mission Santa Barbara Saturday-Monday, May 24-26, from 10 a.m.to noon.Proceeds...more
Civic Engagement News from...
Community Foundation of Abilene
MacArthur Foundation
Knight Foundation
McKnight Foundation
Broomfield Community Foundation
Madison Community Foundation
Kansas Health Foundation
Cattaraugus Region Community Foundation
Lapeer County Community Foundation
Nebraska Community Foundation
Social Entrepreneurship
Spotlight
When it Comes to Social Enterprises, Failure is the Best Platform for Innovation
In the world of social enterprises, failure is a cringe-worthy moment nobody wants to talk about. But, social entrepreneurs can benefit from their failures.
