Business

Joe Biden plans to build huge offshore wind farms to tackle the climate crisis

23 days ago   |   By Business Insider

Summary List Placement President Joe Biden's administration has detailed a plan to build huge offshore wind farms in the United States as part of his plans to tackle climate change.
The project, which was unveiled on Monday , aims to create 30 extra gigawatts of offshore wind generation to US coastlines by 2030, while creating tens of thousands of jobs.
The White House said meeting that target would cost $12 billion a year in capital investment on both US coastlines and would employ 44,000 workers, as well as 33,000 additional jobs in communities supported by offshore wind generation.
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Biden reportedly plans to nearly double the capital gains tax rate to as...

Biden reportedly plans to nearly double the capital gains tax rate to as high as 43.4% for wealthy Americans

Summary List Placement President Joe Biden plans to propose a capital gains tax rate that is nearly double the current level, according to a report from Bloomberg on... Read more ...

US mortgage rates fall below 3% for first time since February as housing...

US mortgage rates fall below 3% for first time since February as housing market cools

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Marjorie Taylor-Greene wants Green New Deal debate with AOC after taking a...

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The scientist behind Pfizer's vaccine says people will likely need a third...

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Summary List Placement People are likely going to need a third dose of the COVID-19 vaccine and then annual shots, similar to the seasonal flu, said the scientist behind the... Read more ...

House passes bill giving Washington, DC statehood

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Summary List Placement The House of Representatives passed a bill along party lines on Thursday that would make Washington, DC the nation's 51st state. The legislation, known... Read more ...

Russia suddenly says it's pulling back troops from Ukraine's borders after...

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Summary List Placement Russia on Thursday abruptly announced it's pulling troops back from Ukraine's borders, just one day after President Vladimir Putin warned that anyone who... Read more ...

The CDC finds no safety risks for pregnant people who get the Pfizer and...

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Summary List Placement The Pfizer and Moderna COVID-19 vaccines don't seem to pose any serious risk during pregnancy, according to a preliminary study using data from the US... Read more ...

A SPAC backed by an LA Dodgers co-owner will take online ticket reseller...

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Summary List Placement A blank check company backed by Los Angeles Dodgers co-owner Todd Boehly announced Thursday that it is taking online ticket marketplace Vivid Seats... Read more ...

America is running out of people willing to get a COVID-19 shot, and some...

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Summary List Placement The US may fall short of vaccinating enough people to stop coronavirus spreading in communities because not enough Americans are willing to get a... Read more ...

US troops in Syria seem to be getting hit with directed-energy attacks, and...

US troops in Syria seem to be getting hit with directed-energy attacks, and the Pentagon suspects Russia is doing it, report says

Summary List Placement The US is investigating what appears to be directed-energy attacks on US troops, and the Pentagon suspects Russia is behind them, Politico reported... Read more ...