He was charged with falsifying records to sell products to a Russian government supplier. A former laser welding machine salesman had been indicted in a federal court of…
Read MoreIndustrial Production
Treasury Department Sanctions 400 More Entities Tied to Russia
The department targets global supporters of the Russian military and sanction evasion tactics. The Department of the Treasury added nearly 400 entities to its international sanctions list, targeting…
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Defense Department Invests in Cobalt Sulfate Recycling
The new facility will extract cobalt from used batteries. The Department of Defense (DoD) announced this week that Electra Battery Materials Corporation has received a $20 million award…
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Defense Department Publishes Report on National Defense Industrial Strategy Progress
The initiatives are administered under the Defense Production Act and Industrial Base Analysis and Sustainment programs. The Pentagon announced an Interim Implementation Report detailing the progress of the…
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DOE Announces Investment in Emission Reduction Technology
Funding to address difficulties of industrial decarbonization. The Department of Energy recently invested $254 million into projects dedicated to decarbonizing the industrial sector. About 30 percent of America’s…
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Energy Department Announces Fusion Energy Partnership with UK
The program seeks to overcome obstacles to fusion energy commercialization. The U.S. Department of Energy announced a new partnership with energy agencies of the United Kingdom to expedite…
Read MoreEnergy Grants Available for Manufacturing Emission Reduction
Funding will be for improvements for smaller manufacturing firms. The Department of Energy (DOE) has announced that $80 million in grant funding is available to help small- to…
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Special Climate Envoy Urged to Support Climate Fund
100 environmental groups write a letter ahead of COP27 Summit. Presidential Special Envoy for Climate John Kerry received a letter from over 100 environmental groups based in the…
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Federal Reserve Says Business Outlook is Pessimistic
“Beige Book” reflects some easing of inflation. On Wednesday, the Federal Reserve reported that economic activity expanded modestly in recent weeks although it remains flat in some regions…
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DOE Begins Decarbonizing 17 National Laboratories
Intends to create a model for hard-to-decarbonize industries. The Department of Energy (DOE) has announced the launch of the Net Zero Labs Pilot Initiative. With initial funding of…
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