The Inflation Reduction Act has accelerated the expansion of the U.S. green energy economy, creating tens of thousands of new jobs, especially in electric vehicles, renewable energy and energy efficiency.
Martin Kuebler reports for Deutsche Welle.
In short:
Key quote:
“This process will take time, but it has been an important start to diversifying clean energy manufacturing across the entire globe.”
— Jack Conness, policy analyst at Energy Innovation
Why this matters:
The IRA is driving a transition to clean energy, creating economic opportunities and helping the U.S. reduce its reliance on fossil fuels. However, future political uncertainty could affect ongoing projects and climate goals.
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