Trump Criticizes Climate Tax Credits
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Carbon emissionsTechCrunch
•How Trump's election could affect the startup-friendly Inflation Reduction Act | TechCrunch
78% Informative
The Inflation Reduction Act, enacted in 2022 , ushered in a range of tax credits and incentives aimed at reducing carbon pollution and attracting climate-friendly industries to the U.S. On both accounts, it's been successful.
Tax credits have encouraged investors to plow money into nuclear power, hydrogen, and all things EV-related.
The biggest hurdle Trump will face is the fact that the law is already on the books.
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