Article 6DRDQ Green investment boom and electric car sales: six key things about Biden’s climate bill

Green investment boom and electric car sales: six key things about Biden’s climate bill

by
Oliver Milman
from on (#6DRDQ)

The $369bn Inflation Reduction Act has boosted clean energy and EV cars, but the politics remain difficult

The US' first serious legislative attempt to tackle the climate crisis, the Inflation Reduction Act, is hitting its first anniversary both lauded for turbocharging a seismic shift to clean energy while also weathering serious attack from Republicans.

Joe Biden hailed the bill, which despite its name is at heart a major shove towards a future dominated by renewable energy and electric vehicles, as one of the most significant laws in our history" when signing it on 16 August last year.

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