4 underrated parts of the Inflation Reduction Act
Posted on AllSides August 17th, 2022
From The Left
ANALYSIS
President Joe Biden signed the Inflation Reduction Act into law today, making it official that the US will spend a historic $370 billion to tackle climate change over the next decade. The extra cash for clean energy, electric vehicles, efficient manufacturing, and pollution cleanup will go a long way to nudging the US closer to sustainable climate targets.
Most of the focus has been on the new law’s billions in clean energy tax credits and electric vehicles, a mix of which will go to consumers, utilities, and manufacturers. In terms of emissions cuts, boosting...