Inflation Reduction Act (IRA)

A Texas Project Turning Water Into Vehicle Fuel Using Wind

Credits: Appolinary Kalashnikova/ Unsplash
  • New subsidies from the Inflation Reduction Act are powering the race to build the country’s first large-scale producer of “green hydrogen.”
  • AirBus is designing an airplane powered by both hydrogen combustion in modified gas turbine engines and hydrogen fuel cells that generate electricity.
  • Just a few thousand hydrogen cars exist today — mostly in California, mostly made by Toyota.

Oil made Texas an energy giant, but even this petroleum powerhouse is...

https://mfame.guru/a-texas-project-turning-water-into-vehicle-fuel-using-wind/

Glimmer Of Hope For The Global Economy’s Upcoming Recession!

Credits: Markus Spiske/ Unsplash
  • Clearly, the reports that the US was in recession during the first half of the year were premature, especially given how tight the country’s labor market is.
  • Many countries’ current economic woes are self-inflicted, owing to policy errors that have been as harmful as they were predictable. 
  • While next year will be rough for the world economy, the coming slump probably should not qualify as a recession.

The world’s leading economists spent most of 2022 convincing...

https://mfame.guru/glimmer-of-hope-for-the-global-economys-upcoming-recession/