"IRA Fuels US Clean Energy and Manufacturing Surge"
TL;DR Summary
The Inflation Reduction Act, signed by President Biden nearly two years ago, has significantly boosted America's clean energy economy through tax incentives and federal subsidies, driving $332 billion in private investments. However, despite its economic success, the law has not become a major political win for Biden due to slow industrial development, complex tax incentives, and partisan politics.
Topics:business#biden-administration#clean-energy#federal-subsidies#inflation-reduction-act#politicseconomy#tax-incentives
- The Biden Clean Energy Boom The New York Times
- How the Inflation Reduction Act Could Still Fail The Atlantic
- Clean Energy Is Driving ‘a New Era in American Manufacturing’ Across the Midwest InsideClimate News
- IRA Boosts US Utilities' Plans to Grow Renewables and Storage MSCI
- What About the IRA Has the Renewable Energy Sector So Bullish on Investment in the US? The National Law Review
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