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Biden's proposed tax credits for solar power may only benefit high-income households in practice - here's why

19 days ago   |   By Business Insider

President Biden's proposal aims to have almost half of the nation's electricity derived from solar energy by 2050.
anatoliy gleb/Getty Images
President Biden's plan increase to solar power usage in the US includes $350 billion in tax incentives.
Law professor Feliz Mormon says only people with high tax bills will really benefit from the breaks.
Higher income households will also contribute more for the solar push through federal income taxes.
See more stories on Insider's business page .
Electricity generation produces a quarter of US greenhouse gas emissions that drive climate change. The...
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Top COVID-19 doctors and scientists privately asked the Biden administration to scrap its booster shot plan, report says

19 days ago   |   By Business Insider

President Joe Biden receiving his second COVID-19 vaccine shot.
Demetrius Freeman/The Washington Post via Getty Images
Health experts held a call with Biden officials last week warning against a widespread booster campaign, Politico reported .
They said the shots should go to people most at risk of severe COVID-19, per the report.
Biden's booster campaign has been mired in confusion, and the FDA and CDC have pushed back.
A group of doctors and scientists is urging President Joe Biden's administration to drop its plans to distribute coronavirus booster shots to fully vaccinated adults...
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US President Joe Biden will restore 3 national monuments

US President Joe Biden will restore 3 national monuments

19 days ago   |   By Travel and Tourworld

President Joe Biden is going to restore two sprawling national monuments in Utah that have been at the centre of a long-running public lands dispute, and a separate marine conservation area in New England that recently has been used for commercial fishing.
Environmental protections at all three monuments had been stripped by former President Donald Trump. The White House announced the changes Thursday night ahead of a ceremony expected Friday.
Utah Gov. Spencer Cox, a Republican, expressed disappointment in Biden's decision to restore Bears Ears and Grand Staircase-Escalante monuments...
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Cuba to welcome tourists as home-grown vaccine drive takes hold

Cuba to welcome tourists as home-grown vaccine drive takes hold

Cuba will open its borders and ease entry requirements next month after vaccinating most of its people with home-grown COVID-19 drugs allowing it to welcome back overseas... Read more ...

Australia will lift the ban on citizens next week

Australia will lift the ban on citizens next week

Australia has confirmed it will lift a ban next week that has prevented its own citizens travelling overseas without permission. Australians have spent 19 months under some of... Read more ...

Slovenia with Trek Travel - Forbes

Slovenia with Trek Travel - Forbes

2022 is proving to be an exciting year to travel, especially for those overseas travellers looking to go a little bit deeper. Our new Slovenia Bike Tour tops the list of 5 new... Read more ...

Give Thanks Over a Five-Course Feast This Thanksgiving in LAW at Four...

Give Thanks Over a Five-Course Feast This Thanksgiving in LAW at Four Seasons Resort and Club Dallas at Las Colinas

This Thanksgiving, spend less time in the kitchen and more time around the table with loved ones enjoying great food and even better company at Four Seasons Resort and Club... Read more ...

The EU ‘pingdemic': fully-jabbed Europeans forced to self-isolate in UK

The EU ‘pingdemic': fully-jabbed Europeans forced to self-isolate in UK

Double-jabbed travellers may still face 10 days self-isolation in the UK, if contacted by the country's National Health Service. Read more ...

ITE 2021 proves the effectiveness of exhibition

ITE 2021 proves the effectiveness of exhibition

Amid closed borders, ITE 2021 held physical and successfully in July with over 2500 trade visitors and 27000 public visitors, and effectively applied online, onsite and hybrid... Read more ...

Global Village reopens with a new look and new attractions

Global Village reopens with a new look and new attractions

At 4.30 pm, the staff started a countdown then a burst of confetti signalled the launch of the 26th season of Dubai's Global Village. Read more ...

WTM Africa opens second edition of sustainable and responsible tourism awards

WTM Africa opens second edition of sustainable and responsible tourism awards

WTM Africa has had an excellent response to the WTM Responsible Tourism Awards in 2021 with some inspiring, innovative and scalable solutions from the African region to tackle... Read more ...

Staycation a mainstay of HCMC hotel recovery

Staycation a mainstay of HCMC hotel recovery

HCMC residents are enjoying staycations, vacations within the city assisting recovery of the city's tourism industries from pandemic impacts. Read more ...

At $6,000, Could You See Owning This Rowing-Yer-Own 1999 BMW 540i?

At $6,000, Could You See Owning This Rowing-Yer-Own 1999 BMW 540i?

While the E39 M5 may be more iconic, today's Nice Price or No Dice 540i should provide three-quarters of that car's performance at about a quarter of its cost. Let's see if... Read more ...