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From
US climate bill spurs clean tech investments, from
Casey Crownhart
in
MIT Technology Review
1692180000
{Question}
The Inflation Reduction Act was signed into law in August 2021.
The Inflation Reduction Act was signed into law in August 2022.
{Question}
The IRA does not include any significant funding for clean energy technologies.
The IRA includes hundreds of billions in funding for clean energy technologies like solar, wind, batteries, and EVs.
{Question}
There have been barely any new factory announcements since the IRA passed.
Since the IRA passed, many companies have announced new factories and facilities in the US, especially for EVs and batteries.
{Question}
Important details about the IRA's tax credits still need to be clarified by agencies like the IRS.
All details about the IRA's tax credits are already clearly defined.
{Question}
Analysts estimate the IRA could help cut US emissions by 40% by 2030.
Analysts estimate the IRA will have no significant impact on US emissions.
Read the article:
How a half-trillion dollars is transforming climate technology