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Former President Donald J. Trump, the front-runner for the Republican nomination, has repeatedly attacked central elements of the Inflation Reduction Act, including tax credits for purchasing electric vehicles. “Otherwise it’s all going to be on the chopping block.”The Inflation Reduction Act contains various tax credits and other subsidies to incentivize companies to deploy more clean energy projects. It also includes tax breaks for consumers to offset the cost of electric vehicles, heat pumps and other energy-efficient appliances. That could cut the number of eligible vehicles, potentially hindering progress toward the Biden administration’s goal of having electric vehicles make up half of new car sales by 2030. The estimated cost of the Inflation Reduction Act’s energy incentives has effectively doubled since it passed, largely because forecasters believe the legislation will be more popular than they originally expected.
Persons: Biden, Donald J, Trump, “ We’ve, Frank Pallone Jr, Thomas Pyle, , Pyle, Kevin Book, Sean Rayford, ” Mr, John Ketchum, Ketchum, “ It’s, Mr, Sasha Mackler, David Carroll, we’ve, Carroll, T.J . Kirkpatrick, ” Michael Kikukawa, Lori Esposito Murray, Ms, Murray, Jeanna Smialek Organizations: Republican, Democratic, Company, Biden, House Energy, Commerce, American Energy Alliance, ClearView Energy Partners, The New York Times, NextEra Energy, Republicans, Center, Engie, White, Economic Development, Conference Board, Locations: States, China, New Hampshire, America, Indiana, Texas, Irvine , Calif
CNN —Government officials, public health professionals and concerned parents are calling on Congress to ban water beads, a children’s toy that they say poses significant health risks. Water beads are tiny balls made out of extremely absorbent polymer material. Pall also emphasized that water beads have been responsible for 4,500 emergency room visits nationwide since 2017, and that these incidents have grown more frequent. Most recently, the Commission and company Buffalo Games recalled about 52,000 Chuckle & Roar Ultimate Water Beads Activity Kits in September. Hoehn-Saric said that, beyond the Commission’s recalls, the CPSC is investigating taking further action regarding potentially harmful chemicals in water beads.
Persons: Frank Pallone Jr, , Pallone, they’ve, , Alex Hoehn, Saric, Harpreet Pall, Pall, ” William Wallace, Pallone’s, Ashley Haugen, ” Haugen Organizations: CNN — Government, Consumer Product Safety Commission, Target, Walmart, Amazon, CNN, Hackensack Meridian Health, Children’s, Consumer, Senate, Republicans, Commission, Buffalo Games Locations: New Jersey, Hackensack
Sen. Bob Menendez of New Jersey has defiantly stated that he is not stepping down from office. Menendez on Friday was charged with taking hundreds of thousands of dollars worth of bribes. "I am not going anywhere," he said in a statement, while also referencing his Latino heritage. "Bob Menendez is a disgrace who abused his Senate seat and allegedly betrayed his country for a couple hundred thousand dollars," Senate Republican campaign committee spokesman Philip Letsou said in a statement. AdvertisementAdvertisementThe indictment alleges that the senator "provided sensitive US government information and took other steps that secretly aided the Government of Egypt."
Persons: Sen, Bob Menendez, Menendez, Damian Williams, Andy Kim, he's, Phil Murphy, Josh Gottheimer, Donald Norcross, Frank Pallone Jr, Bill Pascrell, Mikie Sherrill, Jon Corzine, Philip Letsou, — Nadine Menendez — Organizations: Bob Menendez of New, Service, Democratic, Foreign Relations, Southern, of, Garden State, Saturday, Senate, Republican Locations: Bob Menendez of, Bob Menendez of New Jersey, Wall, Silicon, of New York, New Jersey, Trenton, Egypt, Florida
POINT PLEASANT BEACH, N.J. (AP) — As the U.S. races to build offshore wind power projects, transforming coastlines from Maine to South Carolina, much remains unknown about how the facilities could affect the environment. So far, four offshore wind projects have been approved by the federal government for the U.S. East Coast, according to the American Clean Power Association. The company is a Danish wind power business that will build two of the three offshore projects approved for New Jersey. Numerous others have been proposed, and the U.S. Bureau of Ocean Energy Management plans to review at least 16 offshore wind projects by 2025. The federal government has endorsed — but not required — compensation to the fishing industry for negative effects from offshore wind.
Persons: , Jim Hutchinson, , Greg Cudnik, Andy Lipsky, Phil Sgro, Meghan Lapp, , Keith Craffey, Sgro, , Frank Pallone Jr, Wayne Parry Organizations: PLEASANT, The Fisherman, U.S ., American Clean Power Association, Atlantic, U.S . Bureau of Ocean Energy Management, Fisheries Science, Biden Administration, Seafreeze, New, Baymen’s, Association, U.S . Commerce Department, Orsted, U.S . Rep, New Jersey Democrat, Twitter Locations: N.J, U.S, Maine, South Carolina, New Jersey, U.S . East Coast, , New York, Montauk, Atlantic City, Ocean City, Danish, Point Judith, Rhode Island, , New Jersey, American, , United States, America, North Kingstown, New, Raritan, New York, New England, Block Island
WASHINGTON — House lawmakers cited the continuing sale of recalled baby products linked to infant deaths on Meta 's Facebook in a round of letters to 17 companies questioning compliance with U.S. Consumer Product Safety Commission standards about the listing of unsafe products. Lawmakers on the House Energy and Commerce Committee said the CPSC has requested an average of about 1,000 takedowns per month to Meta for the Boppy Newborn Lounger, which was recalled in 2021. "Like other platforms where people can buy and sell goods, there are instances of people knowingly or unknowingly selling recalled goods on Marketplace," a spokesperson for Meta told CNBC. "We take this issue seriously and when we find listings that violate our rules, we remove them." Representatives for Amazon, Walmart and Target did not immediately respond to CNBC's request for comment.
Persons: Meta, Cathy McMorris Rodgers, Frank Pallone Jr, Gus Bilirakis, Jan Schakowsky Organizations: WASHINGTON, U.S . Consumer Product Safety, Walmart, Target, House Energy, Commerce, Meta, CNBC, Amazon, Energy
Recalled baby products linked to more than 100 infant deaths are still widely sold on Facebook Marketplace despite thousands of requests from federal regulators to take down the items, four members of Congress said. Lawmakers wrote that the Consumer Product Safety Commission has sent Facebook parent Meta about 1,000 requests a month since 2022 to remove the recalled Boppy Newborn Lounger, but the product keeps cropping up for sale on the platform. In June, the CPSC's commissioners sent a letter to Zuckerberg calling on him to do more to prevent the sale of the recalled products. In the letter, the members of Congress asked for more information about Meta's product safety policies, how it monitors recalls and how many staff members are dedicated to consumer-product safety issues. But they did not accuse the companies of selling recalled products.
Persons: Mark Zuckerberg, Fisher, Price, Boppy Newborn, Cathy McMorris Rodgers, Frank Pallone Jr, Gus Bilirakis, Jan Schakowsky, Meta didn't, Zuckerberg, Meta Organizations: Facebook, Lawmakers, Consumer Product Safety Commission, Washington Republican, House Energy, Commerce, New, New Jersey Democrat, CNBC, Target, Walmart, eBay Locations: Washington, New Jersey
TikTok ban is the least palatable of options
  + stars: | 2023-04-26 | by ( Jennifer Saba | ) www.reuters.com   time to read: +8 min
Montana is following a movement around the United States to try to keep Americans from using TikTok. That has consequences: The United States has never pulled a platform used by so many people to communicate. China, which before TikTok had never cracked the U.S. market with a successful social media network, is unlikely to let ByteDance part with TikTok. More recently the company had been working with the Committee on Foreign Investment in the United States to ease concerns. TikTok users in the United States could still binge on short videos, but the company – and its rivals – would face tougher constraints.
Lawmakers have previously called for the Justice Department to investigated the company. Take action with @MorePerfectUS," Ocasio-Cortez tweeted after the news broke, directing her followers to a tweet that said: "Tell the DOJ to break Ticketmaster up here." The tweet also included a link to a form that allowed users to sign up to send an email to the Justice Department requesting the investigation. It's time for the Department of Justice (DOJ) to investigate their conduct and move to break them up." The White House has not indicated whether it plans to investigate Live Nation Entertainment, although President Joe Biden indicated last month federal regulators were working to address "junk fees" tacked onto things like entrainment and travel.
Pre-sale tickets for Taylor Swift's upcoming "Eras" tour went on sale Tuesday. Ocasio-Cortez took the opportunity to voice longstanding concern about the 2010 merger of Ticketmaster, the ticket sales and distribution company, and Live Nation, the events promoter and venue operator, into Live Nation Entertainment. "We write in support of strong antitrust enforcement by the Biden Administration, including the live event ticket sales marketplace," the letter begins. Social media influencer Ellie Schnitt tweeted, "When Taylor Swift wrote 'the great war' she was actually preparing us for the Battle of Ticketmaster." — Taylor Swift, but also Ticketmaster after its site crashed.
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