Tag: Inflation Reduction Act
Risk of innovation is a big driver of high drug costs
Developing new drugs is a high-stakes gamble. National Institutes of Health data shows that more than 95% of drugs fail during development, and only...
Reed seeks release of federal clean energy funding for Rhode Island
PROVIDENCE – Sen. Jack Reed, D-R.I., is urging the Trump administration to release around $80 million in previously awarded federal funds “to help Rhode Island...
R.I.’s nonprofits can’t go silent in uncertain times
Rhode Island’s nonprofit sector is facing a double threat: a looming state budget deficit as American Rescue Plan Act and Inflation Reduction Act funds...
With partisan feuding, there is a cost to business
Partisan squabbling isn’t just annoying – it’s also bad for business.
That’s what my colleagues and I found in a recent study on how uncertainty...
Aquidneck Island coastal resiliency to receive $2M federal grant
NEWPORT – The Ocean State's coastal resiliency is set to receive nearly $2 million in support from the National Oceanic and Atmospheric Administration.
The grant,...
R.I. part of five-state coalition receiving $450M to increase heat pump...
PROVIDENCE – Rhode Island is set to receive up to $40 million to launch a program seeking to increase the use of heat pumps...
Amgen reports $767M profit in Q4 despite declining sales of Enbrel
WEST GREENWICH – Amgen Inc. on Tuesday reported fourth-quarter earnings of $767 million despite declining sales for Enbrel, the rheumatoid-arthritis drug that is manufactured...
State, Providence metro area get $4M in EPA funding
PROVIDENCE – The state and the Providence-Warwick metro area on Wednesday were awarded $4 million in total from the U.S. Environmental Protection Agency’s Climate...
With clean car standards, R.I. driving toward greener future
To the Editor:
Revving into a greener future, Rhode Island is set to join over a dozen states in embracing the electrifying potential of zero-emission...
Putting dollars behind decarbonization: FY24 budget marks $4.5M for interagency climate council
Compared with the $14 billion bottom line of the state’s budget, $4.5 million doesn’t sound like much.
But as the first dedicated funding to the...
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